The Tesco share price has struggled for direction in the past few weeks. The shares are trading at 228p, which is slightly higher than this week’s low of 223p. Year-to-date, the stock has dropped by about 3%, underperforming the FTSE 100 that has risen by more than 7%. What happened: […]
The Tesco share price is under pressure after a recent report pointed to the rising competition by Amazon. The TSCO shares ended the day at 225p on Wednesday, down by more than 10% from its year-to-date high. Tesco news: The retail sector in the UK is going through substantial changes. […]
The Tesco share price will be in the spotlight today after the strong UK retail sales numbers. TSCO ended the day at 226p on Thursday, down more than 3% from its highest level this week. UK retail sales jumped: Tesco is the biggest retailer in the United Kingdom. The company’s […]
Like many of its customers, the Tesco share price has spent much of 2021 in lockdown. As it rallies from the lows, we ask, is there more to go? Tesco, the world’s third-largest retailer by gross revenue, has a footprint many of its rivals would dream of. However, its share […]
Tesco share price has surged for the second straight day after the company’s year-end profits jumped. According to the earnings statement, sales grew as the company benefitted from the lockdowns that altered the shopping habits of UK consumers. Profits grew from 971 million GBP (0.099 pounds per share) in the […]
The Tesco share price has bounced back after sliding to 217p in March. It is trading at 233p, which is 8% above the lowest level in March. This week, analysts will focus on the company as it publishes its preliminary results for the 2020/21 financial year., Tesco news: Tesco is […]
The Tesco share price declined today as the UK moved to reopen its economy. The stock is trading at 227p, which is slightly below the important resistance at 231p. Tesco news: Tesco and other UK retailers have had mixed outcome from the pandemic. The recent lockdowns have pushed more buyers […]
The Tesco share price is attempting to crawl back after it dropped to the lowest level since November recently. The shares are trading at 225p, which is 4% from the lowest level this year. This price is 24% below 281p, which is the average forecast by analysts. What happened: Tesco, […]
Tesco share price is up for the 2nd day in a row, as investors applauded the sale of the Poland divisions of the company. Tesco has initiated an 18-month winding down period after the sale of its business operations in Poland with the sale of the business to Salling Group […]
The Tesco share price is up today after the company announced some changes regarding some of its food products. The company plans to start selling unwashed potatoes as part of a plan to reduce food wastage. 262 Tesco stores in the UK have been selected for the pilot project to […]