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Tesco Full-Year Results – What The Analysts Said

Published on Apr 8 2020 10:59 AM in Retail tagged: Featured Post / Tesco / Shore Capital / Bernstein / What The Analysts Said / Paywall / AJ Bell /

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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