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Tesco plc ( (GB:TSCO) ) has shared an announcement.
Tesco reported strong performance during the 2024/25 Christmas trading period, achieving its largest ever Christmas sales and continued market share growth. The company emphasized its investments in value, quality, and customer experience, which have helped it maintain its position as the UK’s cheapest full-line grocer. In the UK, Tesco achieved its highest market share since 2016, with significant contributions from fresh food and online sales growth. In Ireland, the company saw robust fresh food performance and online sales growth. Despite challenges in the tobacco and fast-food markets, Tesco’s Booker division experienced core catering and retail growth. Central Europe saw improvements in customer satisfaction and volume growth, further solidifying Tesco’s positive market momentum.
More about Tesco plc
Tesco plc is a leading multinational retail company, primarily known for its grocery and general merchandise services. It operates in the UK, Ireland, and Central Europe, focusing on providing value, quality, and service to a diverse customer base.
YTD Price Performance: 0.62%
Average Trading Volume: 21,734,610
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £25B
For an in-depth examination of TSCO stock, go to TipRanks’ Stock Analysis page.
