BUSINESSJun 18 · 06:59 UTCTHE GUARDIAN WORLDSarah Butler

Tesco’s UK sales growth more than halves amid Iran war uncertainty

Tesco's UK sales growth halved to 1.8% due to Middle East conflict uncertainty, though the retailer outperformed City analysts' expectations and reported strong online sales. The growth rate was lower than the previous quarter's 4.2% and below the 2.3% analysts had predicted.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

TescoorganizationUnited KingdomplaceMiddle East conflicttopicCity analystsorganizationonline salestopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSApr 16 · 07:23 UTC
China’s economy grows at 5% in first quarter, shrugging off initial impact of Iran war
BUSINESSApr 16 · 06:49 UTC
Tesco warns profits could fall amid Iran war uncertainty
BUSINESSMay 7 · 20:10 UTC
Airbnb tops revenue estimates, but Middle East cancellations rise due to Iran war
BUSINESSMay 12 · 18:00 UTC
France’s Economy Is Succumbing to Iran War Shock, Survey Shows
BUSINESS
India GDP up 7.8% in March quarter despite Iran war impact
BUSINESSJun 9 · 03:19 UTC
China’s exports grew 19.4% in May from a year earlier, accelerating despite the Iran war