Tesco PLC news

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02 Jul, 2025 / 10:16

J Sainsbury backed its guidance for fiscal 2026 after posting an increase in sales for its first quarter driven by a better grocery performance. The British grocer on Tuesday said it continues to expect retail underlying operating profit–the company’s preferred metric, which strips out exceptional and other one-off items–of around 1 billion pounds ($1.37 billion) for 2025-26, and retail free cash flow to surpass 500 million pounds. The U.K.’s second-largest grocer by market share after Tesco posted a 4.9% increase in group sales and a 4.7% rise in like-for-like sales excluding fuel for the 16 weeks ended June 21.

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01 Jul, 2025 / 09:14

The UK’s second largest supermarket chain will publish its first quarter trading update on Tuesday.

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27 Jun, 2025 / 12:43

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27 Jun, 2025 / 11:41

Waitrose achieved the highest ranking in terms of supplier treatment, while Amazon continues to occupy the lowest position.

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26 Jun, 2025 / 10:44

The report estimates hitting the 30% re-use target could cut packaging-related emissions by 95%.

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26 Jun, 2025 / 10:37

Ed Miliband has turned down a scheme to import solar and wind power from Morocco via 2,500-mile-long subsea cables.

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26 Jun, 2025 / 09:53

The retailer has seen 24 consecutive four-week periods of share gains in the UK and an improvement in customer satisfaction.

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13 Jun, 2025 / 09:23

Tesco (LSE:TSCO) reported strong Q1 2026 sales results on June 12, 2025, with group sales totaling £16,383 million, a significant performance driver over the last month. Additionally, recent executive leadership changes, such as Ashwin Prasad taking over as Chief Executive of Tesco UK, also invited attention. These developments occurred against a backdrop of overall market positivity, as indices like the S&P 500 continued their upward trajectory. Tesco's 4.5% share price increase over the...

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12 Jun, 2025 / 17:42

The latest investor updates on stocks that are trending on Thursday.

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12 Jun, 2025 / 11:16

The U.K. grocer maintained its full-year expectations after like-for-like sales in its home market rose 5.1%, and edged up 4.1% in central Europe.

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12 Jun, 2025 / 09:28

One simple way to benefit from the stock market is to buy an index fund. But if you buy good businesses at attractive...

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12 Jun, 2025 / 07:02

The UK’s largest supermarket chain said it has increased its market share further after investing more in pricing to bring in more customers.

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12 Jun, 2025 / 06:47

Key moments from the last seven days, plus a glimpse at the week ahead.

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07 Jun, 2025 / 10:14

Earnings preview of key companies reporting in the coming week and what to look out for.

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06 Jun, 2025 / 15:16

The UK’s biggest supermarket chain will unveil its financial results for the first three months of its financial year on Thursday.

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06 Jun, 2025 / 14:36

The supermarket is on track to reach a 65% healthier food sales target by the end of 2025.

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02 Jun, 2025 / 08:49

Tesco is to close some stores an hour earlier after being struck by a £235m rise in staff costs from Rachel Reeves’s tax raid.

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31 May, 2025 / 11:00

Diageo and Tesco were among the FTSE's top fallers after food inflation rose again

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27 May, 2025 / 07:50

All executive positions will continue to report to group CEO Ken Murphy.

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23 May, 2025 / 10:51