Back to News
Tesco lifts profit forecast and says consumer confidence is resilient
UK NewsBusiness•October 8, 2026 at 7:52 AMNational

Tesco lifts profit forecast and says consumer confidence is resilient

By Sarah Butler•The Guardian - UK News

Sales rise 2% to £33.8bn in the past six months, helped by strong trade onlineBusiness live – latest updatesTesco has raised its annual profit forecast as the supermarket group said consumer confidence has remained relatively resilient this year despite ongoing geopolitical tensions “creating uncertainty”.The UK’s biggest grocer said sales rose just 2% to £33.8bn in the first six months of its financial year but underlying profit was up 6.5% to £1.8bn. Continue reading...

Sales rise 2% to £33.8bn in the past six months, helped by strong trade online

Tesco has raised its annual profit forecast as the supermarket group said consumer confidence has remained relatively resilient this year despite ongoing geopolitical tensions “creating uncertainty”.

The UK’s biggest grocer said sales rose just 2% to £33.8bn in the first six months of its financial year but underlying profit was up 6.5% to £1.8bn.

Continue reading...

Featured Artists