Company Earnings Update 4 minutesRegister for Free AccessTESCO (LSE: TSCO) 3Q18 and Christmas Update: Hypermarket Recovery and Growth in Food Drive Solid Comp Coresight Research January 12, 2018 Executive Summary Tesco reported UK comparable sales growth of 2.3% in 3Q18, slightly below consensus expectations but up from 2.1% in the prior quarter. In the subsequent six-week Christmas period, Tesco UK saw comp growth moderate to 1.9%. In 3Q18, the company reported its strongest UK hypermarket growth in a number of years. Tesco also noted strong demand in the UK in the core food category over the Christmas peak. 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: Three Data Points We’re Watching This WeekUS CPG Sales Tracker: Food and Beverages Category Drives Online Growth SlowdownHoliday 2022: US Retail Wrap-UpUS Store Tracker Extra, April 2023: Bed Bath & Beyond Pushes Total Closed Space to 52 Million Square Feet
