Tesco?s UK sales up 4.3 per cent

Non-food business sees ?modest growth? with total non-petrol UK growth hitting 9.3 per cent
Author:
Publish date:
3_184_9297_Tesco_logo.jpg

The UK’s biggest retailer Tesco has posted another strong set of numbers for the 13 weeks ending May 30th 2009 that show both domestic and international growth.

Like-for-like UK sales for the period were up 4.3 per cent excluding petrol, with total growth reaching 9.3 per cent. Tesco’s non-food business saw “modest growth” with categories including electricals and toys seeing improved performances.

International sales increased by 11.4 per cent at constant exchange rates, with European sales managing to climb 1.9 per cent despite the tough economic climate in the Euro sector. Asian growth hit a staggering 43.8 per cent, whilst US sales went one better, jumping by 174 per cent.

To read the full story, hed over to our sister site MCV.

Related