LSE:TSCO
LSE:TSCOConsumer Retailing

Tesco (LSE:TSCO) Completes £600M Buyback, Reports Strong H1 Earnings and Revenue Growth

Tesco (LSE:TSCO) has recently completed a significant buyback, repurchasing 188,344,550 shares for £600 million, enhancing shareholder value. The company reported strong earnings for the half-year ending August 24, 2024, with a notable increase in sales and net income compared to the previous year. Despite these achievements, Tesco faces challenges such as rising operational costs and competitive pressures, while also exploring growth opportunities in emerging markets and digital...