Tesco’s UK sales growth more than halves amid Iran war uncertainty
Key takeaways
- Tesco reported that comparable sales rose 1.8% in the three months to the end of May.
- Prefer the Guardian on Google Tesco’s UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”.
- The UK’s biggest retailer said comparable sales rose 1.8% to £13.4bn in the three months to the end of May, below both the 4.2% reported in the previous quarter and the 2.3% growth City analysts had expected.
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Tesco reported that comparable sales rose 1.8% in the three months to the end of May. Photograph: Gary Calton/The Observer View image in fullscreen Tesco reported that comparable sales rose 1.8% in the three months to the end of May. Photograph: Gary Calton/The Observer Tesco Tesco’s UK sales growth more than halves amid Iran war uncertainty UK’s biggest retailer reports better figures than expected by City analysts and is cheered by strong online sales
Prefer the Guardian on Google Tesco’s UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”.
The UK’s biggest retailer said comparable sales rose 1.8% to £13.4bn in the three months to the end of May, below both the 4.2% reported in the previous quarter and the 2.3% growth City analysts had expected.