Tesco

18 days ago · proactiveinvestors.com

Citi has opened a 30-day negative catalyst watch on J Sainsbury PLC (LSE:SBRY), the UK supermarket group, ahead of its half-year results, citing the growing competitive threat from Tesco PLC (LSE:TSCO)'s expansion into on-demand grocery delivery. Tesco launched on-demand grocery delivery through third-party platforms in August and September.

22 days ago · seekingalpha.com

Tesco delivered a strong H1 FY 2026 update, lifting EBIT guidance to £3.15–£3.3 billion and driving a notable share price rally. TSCDY's margin gains are driven by premium mix ('Finest' line), operational efficiencies ('Save to Invest'), and robust same-day delivery growth. Capital allocation remains disciplined: debt is controlled, dividends align with EPS, and buybacks are set at £950 million for FY 2026/2027.

24 days ago · proactiveinvestors.com

Tesco PLC (LSE:TSCO) received higher price targets from Deutsche Bank and Jefferies as earnings held up despite subdued sales growth, although Jefferies remained cautious about valuation. Deutsche Bank retained its 'buy' rating and raised its target from 525p to 550p.

25 days ago · reuters.com

Tesco , Britain's biggest supermarket group, believes a growing trend towards moderation ​and healthier living could curb alcohol sales ‌this Christmas, its boss said on Thursday.

25 days ago · proactiveinvestors.com

Tesco PLC (LSE:TSCO), the UK supermarket group, raised the lower end of its full-year profit guidance and increased its share buyback after first-half adjusted operating profit rose 6.5% to £1.78 billion. The company now expects adjusted operating profit of between £3.15 billion and £3.30 billion for 2026/27, compared with its previous range of £3.0 billion to £3.30 billion.

25 days ago · wsj.com

The supermarket chain's pretax profit rose 11.5% and it expects further momentum.

1 month ago · reuters.com

Tesco , Britain's biggest food retailer, has committed £20 million ($26.5 million) to ​a venture capital fund launched ‌by Leon Restaurants co-founder Henry Dimbleby to help drive innovation across the UK ​food sector, it said on ​Thursday.

1 month ago · reuters.com

German discount retailer Lidl's owner Schwarz Group is among the potential bidders for Tesco's TSCO.L Central European ​business as Britain's largest food retailer looks to ‌retreat from overseas markets, the Financial Times reported on Wednesday.

1 month ago · businesswire.com

LONDON--(BUSINESS WIRE)--Impossible Foods announced today its long-awaited debut in U.K. supermarkets in collaboration with the region's No. 1 grocery retailer, Tesco. Starting this week, the plant-based protein brand preferred by meat eaters in taste tests will roll out four all-new, flavour-packed products in select Tesco supermarkets across the United Kingdom. “Launching in U.K. retail is a meaningful step forward for our company. We're confident we're putting our best foot forward with a ra.

2 months ago · proactiveinvestors.com

Citi has taken a slightly negative view of Tesco PLC (LSE:TSCO) and J Sainsbury PLC (LSE:SBRY) after Morrisons' latest quarterly results, warning of intensifying competition among the big supermarkets. Morrisons, the privately owned grocer, reported like-for-like sales up 3.2% in the 13 weeks to 26 July, a measure that strips out the effect of new store space.