Tesco Reports 1.3% Decline In Comparable Sales
Tesco PLC (OTC: TSCDY) reported that its comparable sales in the UK in the six weeks to January 7 dropped 1.3%, excluding fuel and value-added-tax costs.
Inclusive of fuel and VAT costs, Tesco's UK sales climbed 3.8%. Group sales surged 5.2%, including fuel costs.
TSCDY shares closed at $17.89 yesterday.
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Posted-In: Comparable SalesNews Retail Sales