Sainsbury's, Tesco grow share again as supermarket inflation slows
Tesco PLC and J Sainsbury PLC both picked up market share last month as supermarket inflation slowed on demand for promotions, figures showed on Tuesday. According to Kantar, prices across UK super...
Tesco to axe 400 jobs as competition mounts
Tesco PLC has unveiled plans to cut 400 jobs as part of an efficiency drive as competition in the grocery sector mounts. Stretching from bakery, to phone shop, to head office positions, Tesco said ...
Tesco, Sainsbury's to pass on all higher costs to shoppers to maintain profits, analysts predict
Last week the market wiped out £1.5 billion of the valuations for Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) due to worries that the industry will see profits squeezed amidst rising costs ...
J Sainsbury: Shares Look Cheap As Christmas Trading Comes In Strong (Rating Upgrade)
J Sainsbury has been a pretty soft performer since my last update, underperforming close peer Tesco by over 30 points in that time. The company appears to be executing well, gaining market share ev...
Tesco Shares Have Hit Their Shelf Life (Rating Downgrade)
Tesco shares have surged over 80% since October 2022 when grocery inflation peaked. Despite strong Q3 sales growth and market share gains, macroeconomic challenges like rising inflation, higher NIC...
TSCDY or WMT: Which Is the Better Value Stock Right Now?
Investors with an interest in Retail - Supermarkets stocks have likely encountered both Tesco PLC (TSCDY) and Walmart (WMT). But which of these two stocks is more attractive to value investors?
Tesco takes the long view as it resists the urge to upgrade, says broker
Tesco PLC (LSE:TSCO) chose not to raise its full-year profit and cash flow guidance despite delivering a strong Christmas trading period, a decision Shore Capital views as reflecting the retailer's...
Tesco hails record Christmas after reaching highest market share since 2016
Tesco PLC (LSE:TSCO) said its full-year profit and cashflow targets remained unchanged after a record level of Christmas sales. Like-for-like sales swelled 3.8% for the UK's largest supermarket gro...
Tesco's bumper Christmas puts it ahead of UK rivals
Tesco , Britain's biggest supermarket group, kept its full-year profit outlook on Thursday as it reported a 4.1% rise in underlying UK sales for the key Christmas trading period, winning market sha...
Next, M&S, Tesco, Sainsbury's updates mark key week for retailers' Christmases
Investors will not have long to wait to hear how retailers fared over the vital Christmas trading period as a string of retailers line up to offer updates this week. Next PLC (LSE:NXT), Marks and S...
Tesco update to clarify on discounter threat over vital Christmas
Tesco PLC (LSE:TSCO) will be looking to solidify its dominance over the grocery market in a third-quarter vital Christmas period update next Thursday, January 9. Early signals from discounters Lidl...
Tesco's spot of housekeeping highlights strong balance sheet - analyst
A spot of financial housekeeping over at Tesco PLC (LSE:TSCO) serves to highlight Britain's biggest grocery chain's “strong asset backed balance sheet, low non-lease indebtedness and strong cash fl...
Tesco and Sainsbury's tighten grip on UK grocery market
Tesco PLC (LSE:TSCO) has notched up its achieved its highest grocery market share since December 2017 according to the latest supermarket trends survey from market researcher Kantar. Britain's larg...
Tesco Shares Are Worth Adding To Your Basket
Tesco shares have surged 25% this year, outperforming the FTSE 100 and nearing the S&P 500's performance. The latest results crushed expectations with decent operating profit growth with expanding ...
Tesco, Sainsbury's boosted on JP Morgan double upgrades
Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) each moved higher on Thursday following double upgrades by JP Morgan brokers. Both were lifted from ‘underweight' to ‘overweight' by the bank in ...
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