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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Tesco Plc | LSE:TSCO | London | Ordinary Share | GB00BLGZ9862 | ORD 6 1/3P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.90 | -0.31% | 288.90 | 289.60 | 289.80 | 292.70 | 286.70 | 290.80 | 11,207,343 | 16:35:25 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Grocery Stores | 68.9B | 1.19B | 0.1670 | 17.35 | 20.61B |
By Adriano Marchese
Tesco PLC (TSCO.LN) said Thursday that group like-for-like sales growth was 0.2% in the first quarter of fiscal 2020.
The U.K.'s biggest grocer by market share said group sales were 13.99 billion pounds ($17.79 billion) in the quarter ending May 25. The company said that the U.K. and Republic of Ireland contributed GBP11.17 billion in revenue during the period, which represents a 0.8% increase on a like-for-like basis.
The company said that U.K. online grocery sales were up 7% year-on-year, with 10% more people using the click and collect order feature.
"We have had a strong start to the year, growing ahead of the U.K. market on both a volume and value basis," Chief Executive Dave Lewis said.
Write to Adriano Marchese at adriano.marchese@dowjones.com
(END) Dow Jones Newswires
June 13, 2019 02:36 ET (06:36 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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