Summary
TESCO, Britain's biggest supermarket group and associated with unbroken success in recent years, jolted investors yesterday with its slowest sales growth in two years.
At one stage Tesco's shares fell 2.5 per cent after it said that non-fuel like-for-like UK sales rose 5.5 per cent in its third trading quarter.See the full content of this document
Extract
Tesco Growth Slowdown Hits Share Price
That was below a City consensus expectation of sales growth of 5.8 per cent, and some analysts blamed high comparatives last year and a slowing in non-food sales growth.
And...See the full content of this document
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