Company Earnings UpdateTesco (LSE: TSCO) 3Q19 and Christmas Update: Strongest U.K. Christmas Growth for a Decade Coresight Research January 11, 2019 Executive Summary In the core six-week Christmas period, Tesco U.K. saw strong comp growth of 2.2%, ahead of the consensus estimate of 1.4%. Tesco reported U.K. comparable sales growth of 0.7% in 3Q19, slightly below consensus expectations of 1.0%, and below the 2.5% growth in the prior quarter. In 3Q19, central Europe comps were down 3.0%, while comps for Asia declined 8.0%. 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: Consumer Sentiment Falls Further After Stock-Market Sell-Off; Plus, Social Commerce in Focus: US Consumer Survey InsightsEarnings Insights 4Q24, Week 7: Costco, Inditex and Puma Lead with Solid Fourth-Quarter GrowthImpact of Saks Store Closures on Competitors: Strategic Opportunities and Proximity AnalysisTariff Pessimism Cools; Inflationary Trade-Down Persists: US Consumer Survey Insights Extra
