Trending: Tesco Shares Rise on Upbeat Earnings as Inflation Eases
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Dow Jones
1051 GMT - Tesco is the most mentioned company across news items over the past four hours, according to Factiva data. Shares of the grocer rose 4.5%, leading the FTSE 100 bluechip index, after the group reported a sharp rise in pretax profit for fiscal 2024 and said it expects further increases in the next fiscal year. Tesco also said that price inflation has lessened substantially, while consumer demand improved. Dow Jones & Co. owns Factiva. (michael.susin@wsj.com)
(END) Dow Jones Newswires
April 10, 2024 07:14 ET (11:14 GMT)
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