Press releases - Tesco PLC
WEBNews 19 Sep 2024. New research into UK unemployment identifies a ‘lost workforce’ of over 6 million, as Tesco rolls out free Careers Clinics to support more people into work
Tesco says price pressures easing as profits soar - BBC News
WEBApr 10, 2024 · Tesco has said price pressures on grocers have eased as it reported bumper sales and profits for the past year. The UK's biggest supermarket chain said pre-tax profits hit £2.3bn, up from...
Tesco forecasts rising profits as inflation ‘lessens substantially’
WEBApr 10, 2024 · Tesco, the UK’s largest supermarket chain, has forecast rising profits this year and announced a £1bn share buyback, as it lures more shoppers to its stores and consumer sentiment improves.
Tesco shrugs off supply concerns as sales surge - BBC News
WEBOct 6, 2021 · Tesco has seen sales and profits grow faster than expected as Britain's biggest supermarket group shrugged off the pandemic impact. In the six months to August, Tesco said it "outperformed" the...
Tesco changes how it shows Clubcard prices after row - BBC News
WEBFeb 20, 2024 · Tesco is changing how it displays prices on its Clubcard deals in stores and online following criticism from the consumer organisation Which?. The price per unit will now be displayed alongside...
Tesco sees profits halve to £1bn as costs rise - BBC
WEBApr 13, 2023 · Tesco has reported a jump in annual sales but profits halved as it grappled with higher costs. While sales rose 7% to £66bn, pre-tax profits dropped 51% to £1bn with Tesco saying it had faced...
Tesco Lifts Views After Cost Cutting, Easing Inflation Boosts ...
WEBOct 4, 2023 · Tesco upgraded its guidance on retail earnings after significant cost reductions resulted in a strong performance in the first half, supported by easing inflation, improved volumes and sales...
Tesco puts 1,600 jobs at risk as it ends overnight restocking - BBC
WEBFeb 1, 2022 · Tesco has warned 1,600 jobs are at risk as it ends overnight restocking at some stores and converts some petrol sites to pay-at-pump during the night. The supermarket's plans come a day after it...
Tesco defies supply chain challenges to lift profit outlook
WEBLONDON, Oct 6 (Reuters) - Tesco (TSCO.L), Britain's biggest retailer, raised its full-year earnings forecast on Wednesday after the unmatched scale of its store and online operations helped it...
Tesco raises annual profit forecast - Financial Times
WEBOct 4, 2023 · Tesco said it expected its operating profit margins to be broadly flat year on year. Shares in Tesco were up 3.6 per cent in early trading.