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TSCDY / Tesco expects flat profits in the coming year

Tesco expects flat profits in the coming year
Tesco PLC (LSE:TSCO) reported full-year revenue and operating profit at the top end of City forecasts but predicted flat profits in the year ahead. The food retailer reported revenue in the 52 weeks to February 25 of £65.72bn up 7.2% from £61.34bn a year before while adjusted operating profit totalled £2.63bn down from £2.83bn in the comparative period. Read More
Posted: Apr 13 2023, 02:35
Author Name: Proactive Investors
Views: 082799

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Tesco appoint former Aldi head as UK boss

By Proactive Investors
October 26, 2023

Tesco appoint former Aldi head as UK boss

Tesco PLC (LSE:TSCO) appointed former Aldi boss Matthew Barnes to head up its UK operations on Thursday, leaving investors questioning whether he coul more_horizontal

Tesco workers rally to tackle in-store violence

By Proactive Investors
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Tesco workers rally to tackle in-store violence

A petition set up by a Tesco PLC (LSE:TSCO) worker urging the government to make any form of violence or abuse against retail workers a distinct crimi more_horizontal

Tesco sales climb after discounting

By Market Watch
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Tesco sales climb after discounting

Tesco on Wednesday posted an almost 9% uptick in sales following a successful push to poach customers from more expensive rivals. more_horizontal

Tesco profit upgrade not the last, says analysts

By Proactive Investors
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Tesco profit upgrade not the last, says analysts

Tesco PLC (LSE:TSCO) lifted its full-year profit guidance on Wednesday but analysts at Shore Capital believe that should the average customer's econom more_horizontal

Tesco raises profit outlook after strong first half

By Proactive Investors
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Tesco raises profit outlook after strong first half

Tesco PLC (LSE:TSCO) raised its profit guidance for the year after a strong first half and signalled it expects food inflation to fall in the second h more_horizontal

Tesco share price analysis and earnings preview: buy the dip?

By Invezz
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Tesco share price analysis and earnings preview: buy the dip?

Tesco (LON: TSCO) share price has pulled back in the past few days as traders wait for the upcoming interim results. The shares retreated to a low of more_horizontal

Tesco asks farmers to plant more crops to combat climate change

By Proactive Investors
October 2, 2023

Tesco asks farmers to plant more crops to combat climate change

Tesco PLC (LSE:TSCO), the UK's largest supermarket, has told its farmers to plant more crops for this year over fears that climate change is leading t more_horizontal

Former Tesco boss adds to Brandshield stake as company seeks AIM delisting

By Proactive Investors
September 20, 2023

Former Tesco boss adds to Brandshield stake as company seeks AIM delisting

BrandShield Systems PLC (AIM:BRSD)'s minority shareholders might be feeling pretty disgruntled today, after the cybersecurity firm announced a double more_horizontal


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