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Tesco Stock Down On Weak Pre-tax Profit In FY25, Cautious Outlook

Tesco Stock Down On Weak Pre-tax Profit In FY25, Cautious Outlook

Shares of Tesco Plc were losing around 6 percent in the morning trading on the London Stoock Exchange after the British retail major reported Thursday lower pre-tax profit in fiscal year 2025 and issued a cautious outlook for fiscal 2026 adjusted operating profit. However, net profit in the year climbed from last year, with growth in revenues, and the firm lifted dividend and announced...
RTTNews | 86 days ago
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