Company Earnings UpdateTESCO (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? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Weekly US Store Openings and Closures Tracker 2025, Week 47: IKEA Continues Its Opening Spree; Target To Invest in StoresConsumer Sentiment Steadies; Plus, Off-Price and Dollar-Store Shopping in Focus: US Consumer Survey InsightsUS Apparel and Footwear Retailing: Market Forecast and Competitive Landscape—Digital Players, Off-Pricers and Warehouse Clubs Poised To Gain ShareWeekly US Store Openings and Closures Tracker 2025, Week 42: 40 New Openings for Ross Stores Reflect Off-Price Encroachment
