Tesco's First-Quarter Results – What The Analysts Said
Tesco has reported a 1.0% increase in like-for-like group sales in the first quarter of its financial year, with its UK business seeking like-for-likes up 0.5%.
Commenting on its performance, Ken Murphy, chief executive, said, “We delivered a strong performance in the first quarter, even as we lapped the high demand of last year due to the pandemic."
Here's how leading industry analysts viewed the retailer's performance.
Russ Mould, AJ Bell
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!