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Tesco Issues Q1 Trading Statement; LFL Sales Up 4.6%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Tesco (TSCO.L,TSCDY.PK) posted Group sales exc. VAT, exc. fuel, of 16.38 billion pounds for the 13 weeks ended 24 May 2025, up 5.5% at constant rates. Like-for-like sales growth was 4.6%, for the period. For UK & ROI, sales were 15.39 billion pounds, and like-for-like sales growth was 4.7%.

Tesco said it continues to expect Group adjusted operating profit of between 2.7 billion pounds and 3.0 billion pounds for fiscal 25/26, and free cash flow within medium-term guidance range of 1.4 billion pounds to 1.8 billion pounds.

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