Tesco profits and sales soar amid growing market share
Tesco has reported a surge in both profits and sales for the full year and hailed a surge in market share gains as inflationary pressures “lessened substantially”.
Tesco posted an 11% rise in adjusted retail operating profit to reach £2.76bn for the 52 weeks to February 24, 2024, versus the total of £2.5bn last year.
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