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. 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: How US Consumers Are Shopping for Groceries: Revealing Opportunities in Promotions and Private LabelAnalyst Corner—Explore Generative AI with John Harmon: Enormous Power and Potential, but Caution AdvisedAI Integration, Practical and Research Uses, and Challenges Within Real Estate: Insights Presented at the NARG 2024 Spring MeetingCoresight Bites: China Consumer Tracker—Some Positive Trends Despite Overall High Avoidance of Public Places
