Companies / United Kingdom
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Tesco Falls Short Of Expectations
August 2006 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The UK's leading grocery retailer Tesco has posted like-for-like sales growth of 4.5% y-o-y in its domestic market for the 13 weeks ending May 27 2006. Although this growth is within Tesco's target range, it is at the lower end of the company's expectations and some way shy of the super-normal growth it has been posting of late.