Tesco reports sales growth, maintains market share, lowers profit guidance, shares fall.

From Morningstar: 2025-04-10 11:15:00

Tesco reported sales growth of 3.5% and total revenue of £69.9 billion, maintaining a 28% market share in the UK and a 24% share in Ireland. Despite rising competition in the market, Tesco’s operating profit guidance for the next fiscal year was lower, leading to a 7% share price drop.

UK sales grew 4%, driven by large store and online channel growth, while Irish sales increased by 5.6%. Central Europe saw a 2.2% sales growth. Operating margin expanded by 33 basis points to 4.5%. Tesco announced a dividend increase of 13% and share repurchases of £1.45 billion for fiscal 2026.



Read more at Morningstar: Tesco Earnings: Shares Fall on Conservative Outlook