Tesco PLC

TSCO: XLON (GBR)
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Tesco Earnings: Encouraging Guidance Beat, but Fiscal 2027 Environment Is Uncertain; Raise Valuation

Tesco’s full-year fiscal 2026 results included broad-based sales growth of 4.3% and operating profit growth of 0.6%, both at constant exchange rates. Earnings per share increased 6%, driven by higher profitability and share buybacks. Shares rose 2% intraday on April 16.

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