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Tesco sees strong sales over Christmas

by LLB Reporter
12th Jan 17 9:21 am

Another supermarket that’s done well over the festive season…

Tesco has seen strong sales over the Christmas period in food, clothing and toys.

It’s Christmas like-for-like sales grew by 0.7 per cent in the UK, group sales as a whole were up 0.3 per cent.

Chief Executive, Dave Lewis said the company had made “sustained strong progress”.

Tesco’s sales have been trying to recover since 2015 when it reported a record loss.

The supermarket giant also reported its third-quarter sales figures, this covers the 13 weeks leading up to 26 November.

Tesco saw UK like-for-like sales rise here as well, by 1.8 per cent and group sales were up by 1.5 per cent.

Lewis said: “We are very encouraged by the sustained strong progress that we are making across the group.

“In the UK, we saw our eighth consecutive quarter of volume growth and delivered a third successful Christmas.”

Tesco joins the list of other big supermarket chains who have reported strong Christmas sales.

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