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TSCDY / Updates on Tesco's battle with inflation due Friday

Tesco PLC's (LSE:TSCO) first-quarter results are expected to see a focus on the effects of soaring food price inflation on the top line, according to analysts, with the UK's largest grocer having previously cautioned that profits this year will remain flat. In the week leading up to results, the FTSE 100 group came under fire for confusing shoppers with the information on prices under its Clubcard loyalty scheme that may be against the law, though overall its prices have fallen more than some rivals. Read More

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Posted: Jun 15 2023, 11:01

Author Name: Proactive Investors

TSCDY News

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