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Tesco First Quarter Results: What The Analysts Said

Published on Jun 18 2018 7:58 AM in Retail tagged: Featured Post / Tesco / Barclays / Shore Capital / Paywall / AJ Bell

Tesco First Quarter Results: What The Analysts Said

On Friday, Tesco said that group like-for-like sales rose 1.8% in the first quarter of the year, with its UK and Republic of Ireland operations seeing 3.5% growth, and its Booker wholesale division posting an impressive 14.3% sales rise.

Commenting on its performance, Dave Lewis, Tesco chief executive, said the business remains “well-placed to serve our customers better and deliver on our medium-term financial ambitions.”

Here’s how leading retail analysts saw the group’s first quarter:

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