Tesco reports strong H1 financial progress and record satisfaction
Sales grew 1.6%, operating profit rose 6.3%, and free cash flow reached £1.57bn. The company increased its share buyback programme to £950m and raised capital expenditure guidance.
See the latest news and media coverage for Tesco. We track all announcements, press releases, and industry mentions in real time, all in one place.
Multinational grocery and general merchandise retailer
tescoplc.comLast updated
In short: Tesco lifted its full-year profit outlook after strong first-half results amid Clubcard, retail media, and innovation expansion.
Sales grew 1.6%, operating profit rose 6.3%, and free cash flow reached £1.57bn. The company increased its share buyback programme to £950m and raised capital expenditure guidance.
The Tesco-Bramble Innovation Partnership will identify, test, and scale food innovations focusing on health, waste reduction, sustainability, and affordability.
The enhanced group includes around 200 farmers supplying Finest Steakhouse beef, with three-year contracts and incentives for quality and sustainability.
UK like-for-like sales rose 1.8%. Group adjusted operating profit is guided between £3.0bn and £3.3bn for FY 26/27.
Tesco has agreed to sell its businesses in the Czech Republic and Slovakia to Ahold Delhaize in a deal worth £1.5bn, making it the UK's...
The British chain Tesco is considering selling its assets in Central Europe, including the Czech Republic. Tesco Stores ČR posted a loss of 488 million crowns last year. In...
The U.K. Supreme Court has refused to hear retail giant Tesco's appeal to exclude training documents from an evaluation of the jobs done by thousands...
Tesco PLC (TSCDY.PK, TSCO.L), a British grocery and general merchandise retailer, on Monday announced that it has entered into an arrangement with Morgan Stanley ...
Track Tesco and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Tesco and other trending companies.