Tesco has reported an adjusted operating profit of £3.1 billion for the 12-month period ending 22 February 2025.

Tesco share price has bounced back in the last three straight days as investors cheer its recent financial results.

Tesco said it expects to report lower profit for its fiscal year as competition intensifies, with rivals such as Asda ramping up efforts to gain market share. The U.K. grocer on Thursday expects ...

Tesco shares fell after the U.K.'s largest supermarket said it expects profit to fall as competition intensifies, with rivals such as Asda ramping up efforts to gain market share. London-listed ...

Tesco plans to use “flexibility and firepower” to respond to challenging business conditions and the “competitive intensity of the UK market”, as it revises its profit outlook. “We’re seeing a very ...

Matthew Barnes, Tesco UK chief executive, said: “Our colleagues are our greatest asset, and this pay deal recognises the brilliant work they put in day-in, day-out to serve our customers.

Tesco is to raise store worker pay by 5.2% over the next six months but strip away a 10% premium for working on a Sunday. The UK's biggest retailer said it was to stagger the increase, with the ...

Matthew Barnes, Tesco UK chief executive, said: “Our colleagues are our greatest asset, and this pay deal recognises the brilliant work they put in day-in, day-out to serve our customers. “It also ...