Tesco like-for-like sales performance in the United Kingdom (UK) 2015-2019

In the 2018/19 financial year, Tesco’s like-for-like sales in the United Kingdom and the Republic of Ireland increased in every quarter. The second quarter of the financial year saw the biggest increase with a 4.2 percent growth. Tesco’s overall revenue for the UK and ROI amounted to almost 51 billion British pounds.

Like-for-like sales

Like-for-Like sales are also referred to as comparable store sales. The growth metric is adjusted so that it includes revenues generated in stores or by selling products with similar characteristics. Distinct differences that could skew the comparison.
Tesco PLC is the leading UK grocery store (by market share). The company from Hertfordshire was founded in 1919 by Jack Cohen.

Tesco’s store footprint

Today Tesco is a multinational-operating grocery and general merchandise retailer and operates close to 7,000 stores around the world. Of these outlets about 4,000 can be found in the UK and ROI, which are operated by over 340,000 employees.

Change in Tesco like-for-like sales in the United Kingdom (UK) and the Republic of Ireland (ROI) from third quarter 2015/16 to fourth quarter 2018/19

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Source

Release date

April 2019

Region

United Kingdom

Survey time period

Third quarter 2015/16 to fourth quarter 2018/19

Supplementary notes

The data is compiled from different financial reports. Data from one year might not be comparable with the data from the preceding or following financial years.
* The source notes: "These results have been reported on a continuing operations basis and exclude the results from our operations in Korea. Like-for-like sales growth is reported at constant exchange rates. Growth rates are all based on comparable days. For example, for the UK and ROI, these results are for the 52 weeks ending 28 February 2015 and 27 February 2016 respectively."

** The source notes:"These results have been reported on a continuing operations basis and exclude the results from the Group’s operations in Turkey. Like-for-like sales growth is reported at constant exchange rates. Growth rates are all based on comparable days."

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Statistics on "Tesco Group in the United Kingdom (UK)"

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