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: September 2023 US Housing Market Indicators: New Residential Construction Starts Drop to Lowest Point in Over Three YearsUS Consumer Tracker: Shoppers Show Reduced Awareness of Price IncreasesEarnings Insights 3Q23, Week 2: Crocs, CVS and Colgate-Palmolive Report Strong Results; Carter’s, Clorox, Estée Lauder and VF Corporation See Sales DeclineEarnings Insights 1Q23, Week 4: Ross Stores, TJX and Walmart Post Strong Results; Alibaba Sees Slow Growth
