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Tesco books steep rise in sales over Christmas

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Tesco’s path to financial recovery has been further cemented after it recorded a steep rise in sales over the critical Christmas trading period. According to its latest trading update, third quarter like-for-like sales in the UK grew by 2.3 per cent – representing Tesco’s eighth consecutive quarter of growth – and total sales grew 2.5 per cent. Meanwhile, UK like-for-like sales during the Christmas period rose by 1.9% and total sales was up by 2.1 per cent, driven by a strong grocery performance

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Tesco books steep rise in sales over Christmas

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