Bloomberg Television
@markets·3.2M subscribers·95.6K videos
Tesco, UK Largest Grocer, Forecasts Profit Increase
Posted
April 10, 2024
Views
3,022
Likes
36
Comments
16
Engagement
1.72%
April 10, 2024
3,022
36
16
1.72%
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3:03Now PlayingTesco said retail profit will likely rise this year as easing cost pressures allow the supermarket chain to cut prices. Britain’s largest grocer expects to generate at least £2.8 billion ($3.5 billion) of retail adjusted operating profit in the current fiscal year. Bloomberg's Dasha Afanasieva reports.
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