Company Earnings UpdateTESCO (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. 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: Analyst Corner: Three Consumer-Focused Predictions for US Retail for the Second Half of 2025, with Anand KumarAnalyst Corner: Five Back-to-School Shopping Trends to Watch, with Madhav PitaliyaHigh-Income Consumers Drive Uptick in Financial Optimism; Inflation Awareness Down Versus Early 2025: US Consumer Survey InsightsAgentic Commerce: Long-Term Impacts of Four Scenarios Under the IMPACT Framework
