Published: October 2, 2025 at 7:26 am
Tesco has reported robust performance in the first half of its 2025/26 financial year, with like-for-like sales up 5.1% across the group.
UK sales rose 5.3%, helping the retailer increase market share to 28%. Online performed strongly, up 11.4%.
Adjusted operating profit was up 1.5% at £1.67m.
Tesco said it now expects to report adjusted operating profit of £2.9-3.1 billion, up from previous full-year guidance of £2.7-3bn.
The supermarket has so far completed £891 million of its £1.45 billion share buyback programme, due by April 2026.