BusinessBite live blog

Tesco reports half-year growth

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.

Subscribe to our newsletter

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.