Tesco (TSCO) Stock Slides Over 2% Following Weak Q1 UK Sales Performance
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Tesco (TSCO) Stock Slides Over 2% Following Weak Q1 UK Sales Performance

1 min read

Tesco PLC saw its share price drop more than 2% on Thursday, settling around 445 pence after the retailer released first‑quarter results that revealed a 1.8% rise in UK like‑for‑like sales, falling short of market expectations.

Quarterly Sales Overview

The 13‑week period ending 30 May recorded a 1.8% increase in UK comparable sales, matching the lower bound of