Tesco has posted a 12.8% increase in group sales to £28.3 billion for the first half of its financial year, with like-for-like sales up 2.3% in its home market of the UK.
Commenting on the retailer’s performance, chief executive Dave Lewis said, “We are firmly on track to deliver our medium-term ambitions and are continuing to improve the quality and value of our offer for customers in all of our markets. In doing so, we are well-positioned to deliver strong, sustainable returns for shareholders."
Here’s how some of the UK’s top retail analysts viewed Tesco’s performance.
