Company Earnings Update 3 minutesRegister for Free AccessTESCO (LSE: TSCO) 1H18 Results: Sustained Growth, Better Comps, Fatter Margins Coresight Research October 6, 2017 Executive Summary Tesco reported group revenues of £28.35 billion for the first half of fiscal 2018, up 3.7% year over year and ahead of consensus. UK comparable sales growth continued to improve in the first half. Operating margins improved and management said that the company is on track to restore margins to 3.5%–4.0% by fiscal 2020. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Shoptalk Europe 2023 Startup Pitch Competition: Recap—10 Innovators, Two WinnersInternational Travel in China: New Competition as WeChat Pay and Alipay Accept Foreign Payment Cards?America’s Biggest Furniture and Home-Furnishings Retailers: Assessing Performance and StrategyData Dive: Global Tech Layoffs—Cyclical or Structural?
