Company Earnings UpdateTESCO (LSE: TSCO) 1H18 Results: Sustained Growth, Better Comps, Fatter Margins Coresight Research October 6, 2017 Executive Summary Tesco reported group revenues of £28.35 billion for the first half of fiscal 2018, up 3.7% year over year and ahead of consensus. UK comparable sales growth continued to improve in the first half. Operating margins improved and management said that the company is on track to restore margins to 3.5%–4.0% by fiscal 2020. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Shaping What’s Next in Retail—Physical Retail, AI, Retail Media: Insights from NextGen 2025, a Coresight Research ConferenceThe New Coresight 100: Leading the Retail Charge in 2025—InfographicFinancial Sentiment Falls to 14-Month Low Ahead of Reciprocal Tariffs, But Policy Measures Aim to Stabilize Economy: China Consumer Survey InsightsHead-to-Head in Global Luxury Retailing: Kering vs. LVMH
