Tesco may not be out of trouble yet after a turbulent few years, but there was nevertheless positive signs as it published its latest set of financial results. Shares at
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Supermarket giant, Tesco’s has reported a bottom-line pre-tax profit of £162m for the three-month period to the end of February, the first quarter of sales growth since 2012. This compares to losses of
Irish consumers spent €77 million more over the final 12 weeks of 2015 than in the same period the previous year according to new figures from market research firm Kantar
Due to lower prices and more staff, Tesco achieved better than expected results over the key Christmas period, suggesting the supermarket chain may finally be recovering from several years of turmoil.
Tesco will pay $12m to settle legal action by US shareholders which claimed last year that accounting irregularities inflated the supermarket’s share price. Tesco PLC today announces that it has