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Tesco Q1 Trading Statement

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idpickering
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Tesco Q1 Trading Statement

#145727

Postby idpickering » June 15th, 2018, 7:03 am

· Delivering positive like-for-like sales growth for a tenth consecutive quarter

o Group like-for-like sales growth improved to 1.8% and UK & ROI to 3.5%

o Booker consolidated from 5 March 2018, with like-for-like sales growth of 14.3%



· Continued improvement in customer offer

o Continued re-launch of over 10,000 own brand products; 2,850 completed to date

o Further investment in price at the end of 1Q focusing on our exclusive fresh food brands

o Essential step towards establishing a more sustainable non-food offer by closing Tesco Direct


https://www.investegate.co.uk/tesco-plc ... 00024803R/

tjh290633
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Re: Tesco Q1 Trading Statement

#145755

Postby tjh290633 » June 15th, 2018, 9:52 am

Up a couple of percent following the announcement. What will be of more interest is the interim dividend.

TJH


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