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Tesco Half-Year Results – What The Analysts Said

Published on Oct 6 2021 12:28 PM in Retail tagged: Featured Post / Trending Posts / Tesco / Barclays / Bernstein / GlobalData / Paywall / AJ Bell / Retail Economics / Third Bridge

Tesco Half-Year Results – What The Analysts Said

Tesco has reported a 3.0% increase in group sales (at constant exchange rates) in the first half of its financial year, with like-for-like sales up 1.2% at its core UK operation.

“We’ve had a strong six months; sales and profit have grown ahead of expectations, and we’ve outperformed the market," commented chief executive Ken Murphy.

Here's how leading retail analysts viewed its performance:

Richard Lim, Retail Economics

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