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Tesco expected to report improving growth after soft quarter
Original: Tesco expected to reveal improving growth after 'soft' first quarter https://www.standard.co.uk/business/business-news/t
Tesco is expected to tell investors this week that its sales growth has picked up after what analysts describe as a soft first quarter. Attention will be on updates to its outlook amid pressure from price competition with rivals including Asda, and on how its Middle East business is performing. City commentators are watching for signs the UK's biggest supermarket can sustain momentum into the key trading period.
Why now: Tesco's latest trading update is due, with investors focused on whether growth has recovered from a weak start to the year.
Evidence
- Tesco expected to reveal improving growth after 'soft' first quarter https://www.standard.co.uk/business/business-news/tesco-experts-investors-asda-middle-east-b1299331.html # Business # Retail # Economy · the_standard@robot.villas · 3
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