What has actually changed in Tesco’s fair value story? The move in Tesco’s fair value estimate from £4.84 to £4.80 per share looks small on the surface, but it reflects a careful rebalancing of risk and growth in the valuation work. A slightly higher discount rate of 8.13% sits alongside a revenue growth assumption of 2.95%, which keeps the long run earnings narrative intact while acknowledging a more cautious backdrop. As you read on, keep an eye on how these subtle shifts feed into the...
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Tesco, Sainsbury’s and Marks & Spencer were among those to deliver good news about their festive grocery sales.
The UK’s second largest supermarket chain posted a 5.1% rise in total grocery sales over the six weeks to January 3.
A basket of 68 groceries costs £123.60 at the discount retailer
Unite general secretary Sharon Graham said workers and their families are struggling with living costs while shareholder payouts and senior pay continue to rise.
The FTSE 100 index closed down 3.52 points at 10,044.69.
UK retailers have reported mixed performance to kick off the new year, as economic challenges threaten to dampen consumer activity.
Chief executive Ken Murphy has urged the Government to completely overhaul the business rates system, which be branded ‘fundamentally unfair’.
The group increased its share of the market to 28.7% in the three months to December 28.
Grocery sales were a bright spot in retail, with U.K. shoppers spending more than ever on groceries in December.
The supermarket has pledged to drop the cost of thousands of everyday products to below those of its competitors’ loyalty card prices.
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Tesco (LON:TSCO) management said customers responded well to continued investment in “value, quality, and service” as the grocer reported group like-for-like sales growth of 2.9% over the 19-week quarter-three and Christmas trading period, including 3.7% growth in the U.K. On the company’s trading u
The boss of Tesco has backed pubs in a brewing row over Britain’s flawed business rates system, as he urged ministers to seek urgent reforms.
Retail tech firm MRI Software reported that UK retail ended 2025 on a far stronger note than expected.
The supermarket chain said like-for-like group sales excluding fuel increased 2.9% on year for the 19 weeks ending Jan. 3.
The UK's largest supermarket chain had its busiest days ever over Christmas, reporting "strong" growth thanks to sales of fresh food as customers sought to eat more healthily. Tesco's busiest ever days were 22 and 23 December, the group said. Behind the recorded 3.7% UK sales growth in the 19 weeks to 3 January was a further shift towards low and no-alcohol drinks, people buying alternative Christmas meats like beef joints, AI-powered deliveries and a "standout" performance in fresh food.
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Traders in the US are braced for the next set of economic data