Tesco Full-Year Results – What The Analysts Said
Tesco has posted group sales of £56.5 billion (€64.1 billion) in its full year to 29 February, a 1.0% decline, with its UK and Ireland sales seeing a marginal (0.2%) increase.
Commenting on its performance, chief executive Dave Lewis said, “We have focused on serving customers better, re-engaging our colleagues, completely resetting our relationships with our suppliers and as a result we have been able to add value for our shareholders."
Here's how leading retail analysts viewed its performance:
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