Remove ads

Introducing the LemonFools Personal Finance Calculators

Tesco - 3Q and Christmas Trading Statement 18/19

Practical discussions about equity High-Yield Portfolios (HYP) for income
Forum rules
Tight HYP discussions only please - OT please discuss in strategies
idpickering
Lemon Quarter
Posts: 3856
Joined: November 4th, 2016, 5:04 pm
Has thanked: 544 times
Been thanked: 1108 times

Tesco - 3Q and Christmas Trading Statement 18/19

#192296

Postby idpickering » January 10th, 2019, 7:06 am

· UK & ROI: Strong Christmas benefiting from an increasingly competitive offer for customers

o UK & ROI Christmas LFL sales +2.6%, outperforming market in UK in both volume and value terms

- Quality and value perception1 both up significantly year-on-year: +3.5pts and +4.5pts respectively
- Market outperformance in all key categories: food, clothing and general merchandise

o UK & ROI 3Q LFL sales +1.9% reflecting transition to new own brands and subsequent resetting of mix in UK
- 'Exclusively at Tesco' roll-out 95% complete by end-3Q, with 82% of customers buying into the range

o Booker delivering strong growth (LFL excl. tobacco: 3Q 10.7%; Christmas 8.2%); contract wins last year annualise early in Christmas period


https://www.investegate.co.uk/tesco-plc ... 00076835M/

Horsey
Lemon Pip
Posts: 92
Joined: November 4th, 2016, 1:25 pm
Has thanked: 21 times
Been thanked: 20 times

Re: Tesco - 3Q and Christmas Trading Statement 18/19

#192299

Postby Horsey » January 10th, 2019, 7:43 am

Looks good - so expect SP to fall 3.5% on open :D

idpickering
Lemon Quarter
Posts: 3856
Joined: November 4th, 2016, 5:04 pm
Has thanked: 544 times
Been thanked: 1108 times

Re: Tesco - 3Q and Christmas Trading Statement 18/19

#192302

Postby idpickering » January 10th, 2019, 7:54 am

Horsey wrote:Looks good - so expect SP to fall 3.5% on open :D


Maybe so? FTSE futures are down 0.5%. Up here in Orkney we’re a captive audience as we only have Tesco and Lidl. I must admit I preferred Sainsbury’s for our weekly shop in our previous gaff in Nottinghamshire. As it is, Tesco up nearly 3% on opening.

Ian.

Arborbridge
Lemon Quarter
Posts: 2747
Joined: November 4th, 2016, 9:33 am
Has thanked: 472 times
Been thanked: 802 times

Re: Tesco - 3Q and Christmas Trading Statement 18/19

#192307

Postby Arborbridge » January 10th, 2019, 8:18 am

idpickering wrote:
· UK & ROI: Strong Christmas benefiting from an increasingly competitive offer for customers

o UK & ROI Christmas LFL sales +2.6%, outperforming market in UK in both volume and value terms

- Quality and value perception1 both up significantly year-on-year: +3.5pts and +4.5pts respectively
- Market outperformance in all key categories: food, clothing and general merchandise

o UK & ROI 3Q LFL sales +1.9% reflecting transition to new own brands and subsequent resetting of mix in UK
- 'Exclusively at Tesco' roll-out 95% complete by end-3Q, with 82% of customers buying into the range

o Booker delivering strong growth (LFL excl. tobacco: 3Q 10.7%; Christmas 8.2%); contract wins last year annualise early in Christmas period


https://www.investegate.co.uk/tesco-plc ... 00076835M/


Looks OK but:
- Quality and value perception1 both up significantly year-on-year: +3.5pts and +4.5pts respectively

smacks of clutching at straws!

Arb.

Horsey
Lemon Pip
Posts: 92
Joined: November 4th, 2016, 1:25 pm
Has thanked: 21 times
Been thanked: 20 times

Re: Tesco - 3Q and Christmas Trading Statement 18/19

#192308

Postby Horsey » January 10th, 2019, 8:22 am

idpickering wrote:
Horsey wrote:Looks good - so expect SP to fall 3.5% on open :D


Maybe so? FTSE futures are down 0.5%. Up here in Orkney we’re a captive audience as we only have Tesco and Lidl. I must admit I preferred Sainsbury’s for our weekly shop in our previous gaff in Nottinghamshire. As it is, Tesco up nearly 3% on opening.

Ian.


Very happy to be wrong on this occasion!


Return to “High Yield Portfolios (HYP) - Practical”

Who is online

Users browsing this forum: No registered users and 10 guests