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. Please Login to read the full report. Not a member? Register for a free user account. This document was generated for Other research you may be interested in: December 2022 US Retail Traffic and In-Store Metrics: Traffic Growth Turns PositiveUS Consumer Tracker: Modest Valentine’s Day Spending Likely4Q22 US Earnings Season Wrap-Up: Retailers See Mixed Results as Discretionary Demand Remains WeakCompeting with E-Commerce Giants Through 2030: The Future of Malls—Part 3
