Tesco Had A Rubbish First Half Of The Year

Lianna Brinded, Business Insider
Tue, 10/06/2015 - 11:24pm

Tesco had a pretty rubbish first six months. Dave Lewis, the CEO that has now been in the job for 13 months, revealed that the largest supermarket in Britain posted a 55% drop in its first half operating profit and like-for-like sales in the same period fell by 1.1%. Some may see the sales figures as a victory for Lewis and Tesco because analysts had anticipated a steeper drop of 1.5% in same store sales, excluding petrol.

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Tesco Had A Rubbish First Half Of The Year

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