Tesco Stock News

Citi has opened a 30-day negative catalyst watch on J Sainsbury PLC (LSE:SBRY), the UK supermarket group, ahead of its half-year results, citing the growing competitive threat from Tesco PLC (LSE:TSCO)'s expansion into on-demand grocery delivery. Tesco launched on-demand grocery delivery through third-party platforms in August and September.

LONDON--(BUSINESS WIRE)--Valuedynamx announces a new offering that gives Tesco Clubcard members a way to collect Clubcard points.

Tesco PLC (LSE:TSCO) received higher price targets from Deutsche Bank and Jefferies as earnings held up despite subdued sales growth, although Jefferies remained cautious about valuation. Deutsche Bank retained its 'buy' rating and raised its target from 525p to 550p.

Tesco , Britain's biggest supermarket group, believes a growing trend towards moderation ​and healthier living could curb alcohol sales ‌this Christmas, its boss said on Thursday.

Tesco PLC (LSE:TSCO), the UK supermarket group, raised the lower end of its full-year profit guidance and increased its share buyback after first-half adjusted operating profit rose 6.5% to £1.78 billion. The company now expects adjusted operating profit of between £3.15 billion and £3.30 billion for 2026/27, compared with its previous range of £3.0 billion to £3.30 billion.

The supermarket chain's pretax profit rose 11.5% and it expects further momentum.

Tesco PLC (LSE:TSCO), the UK supermarket group, is expected to report a first-half adjusted operating profit of £1.725 billion, up 3% year on year, despite weaker UK like-for-like sales. Deutsche Bank analyst Benjamin Yokyong-Zoega has cut his forecast for second-quarter UK like-for-like sales growth to 1.7% from 2.2% following softer market data.