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Tesco toasts continued growth

Tesco-store-THUMB.jpegTesco’s group like-for-like sales increased by 1.5% in its third trading quarter, and UK sales grew at 1.8%.

In the six-week Christmas trading period like-for-like sales grew by 0.3%. Like-for-like food sales rose by 1.3%.

In the 19-week period ending on 7 January, UK volumes rose by 1.1% and transactions were up by 2.1%.

Chief executive Dave 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.”

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