Tesco shares fall after sales miss forecasts
Shares in grocery giant Tesco (TSCO) fell 5% after its Christmas trading update disappointed investors. UK sales were up 3.9% on a like-for-like basis in the third quarter to 22 November, below the 4.1% expected by the market. Moreover, growth slowed to 3.3% in the six weeks to 3 January, in contrast to earlier till … Continue reading Tesco shares fall after sales miss forecasts
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