Tesco reported that its first half pretax profit from continuing operations declined to 1.30 billion pounds from 1.39 billion pounds, last year. Earnings per share from continuing operations was 14.22 pence compared to 14.62 pence. Group adjusted operating profit was 1.67 billion pounds compared to 1.65 billion pounds, prior year. Adjusted EPS was 15.43 pence compared to 14.45 pence.
For 26 weeks ended 23 August 2025, revenue increased to 36.04 billion pounds from 34.77 billion pounds, last year. Sales, exc. VAT, exc. fuel, was 33.05 billion pounds compared to 31.46 billion pounds. Group LFL sales were up 4.3%, with growth across all markets.
For fiscal 25/26, the Group now expects adjusted operating profit between 2.9 billion pounds and 3.1 billion pounds, an increase from the previous range of between 2.7 billion pounds and 3.0 billion pounds.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.
For comments and feedback contact: editorial@rttnews.com
Business News
December 26, 2025 08:42 ET Third quarter economic growth data from some major economies including the U.S. were the main news in this holiday shortened week. GDP growth and industrial production data from the U.S. helped to boost morale, while the consumer confidence survey results were less upbeat. In Europe, the quarterly economic growth data from the U.K. drew attention, while the minutes of the Australian central bank’s latest policy session was in focus in Asia.