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TSCDY / Tesco to restore a bit of calm to the retail sector on Friday

Following yesterday's black day for retailers – ASOS, Boohoo and Halfords all issued profit warnings – Tesco PLC (LSE:TSCO) shareholders maybe a bit apprehensive this morning. Tesco PLC is set to update the market and analysts at Barclays predict a 1.8% decline in like-for-like sales for Tesco, albeit this would represent a gain of about 7.3% on pre-Covid levels. Read More

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Tesco

Restore

Calm

Retail

Sector

Friday

Stock

TSCDY

Posted: Jun 17 2022, 01:40

Author Name: Proactive Investors

TSCDY News

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

By Proactive Investors
October 16, 2023

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

By Market Watch
October 4, 2023

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.

By Proactive Investors
October 4, 2023

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

By Proactive Investors
October 4, 2023

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

By Invezz
October 3, 2023

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

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

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

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