Tesco Plc reports 9.2% rise in UK & ROI sales for Q1 20/21

  • Jun 26, 2020 BST
  • Team Kalkine
Tesco Plc reports 9.2% rise in UK & ROI sales for Q1 20/21

 

Tesco Plc (LON: TSCO) has released its trading statement for first quarter 20/21.

  • The company has reported that UK & ROI sales (excluding VAT and fuel basis) stood at £12,214 million, up by 9.2 per cent on a constant currency basis and 8.2 per cent on a like-for-like basis.
  • The company has reported that shopping frequency was down 32 per cent, while the basket size improved by 64 per cent.
  • Sales in Central Europe (excluding Poland) improved by 3.3 per cent to £968 million on a constant currency basis.
  • On 26th June 2020, at the time of writing, GMT 08:55 AM, TSCO shares were trading at GBX 227.90, up by 1.60 points or 0.71% against the previous day closing price.

 

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