Tesco upgrades profit guidance as festive sales rise
Tesco recorded a 2.6% rise in group sales year on year in the 19 weeks to January 8, up 3.2% in the crucial six-week Christmas trading period.
On a two-year basis, the supermarket chain’s sales rose 8.7% over the six-week Christmas trading period and were up 8.2% over the 19-week period overall.
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