Saturday December 14, 2019

Tesco shares take a dip on warning of bumpy road ahead

17th April, 2016
4
Tesco boss Dave Lewis has warned of obstacles on the road to recovery

Tesco’s latest results revealed a steadier ship, with the retailer’s chief executive Dave Lewis pointing to significant progress year on year. However, he warned that recovery would not be a straight line.

“We set out to start rebuilding profitability whilst reinvesting in the customer offer, and we have done this. More customers are buying more things more often at Tesco. As a team, we are committed to serving shoppers a little...

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