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Tesco expected to report improving growth after soft first quarter
Original: Tesco expected to reveal improving growth after 'soft' first quarter https://www.standard.co.uk/business/business-news/t
Tesco is expected to tell investors that sales growth picked up after what analysts described as a soft first quarter, according to the London Evening Standard. The supermarket group will update the City amid competition from rivals such as Asda, with attention also on its operations in the Middle East. Investors are watching for signs of recovery in the UK grocery market.
Why now: Tesco's upcoming trading update is due, with investors keen to see whether growth recovered from a weak start to the year.
Evidence
- Tesco expected to reveal improving growth after 'soft' first quarter https://www.standard.co.uk/business/business-news/tesco-experts-investors-asda-middle-east-b1299331.html # Business # Retail # Economy · the_standard@robot.villas · 3
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