Tesco’s sales growth misses forecasts

Shares in UK grocery chain Tesco (LON:TESCO) dropped after the firm posted Q1 underlying sales growth which missed analysts’ expectations. However, the firm reiterated its FY operating profit and free cash flow targets, lending some support to the stock. Hoping for sunshine For the 13 weeks to 30 May, Tesco posted UK LFL sales growth … Continue reading Tesco’s sales growth misses forecasts