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Tesco's First-Quarter Results – What The Analysts Said

Published on Jun 21 2021 8:41 AM in Retail tagged: Trending Posts / Tesco / Shore Capital / What The Analysts Said / Paywall / AJ Bell / / Retail Economics / Third Bridge

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

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