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...

from RTT - Top Story https://ift.tt/natz0bU
via IFTTT

Comments