Tesco delivers Q1 sales rise spurred by ‘powerful value proposition’
Tesco has posted strong sales growth in its first quarter, with like-for-like sales up 4.6% across the group and UK market share rising to 28% as shoppers respond to its value-led strategy.
For the 13 weeks to 24 May, the UK’s biggest supermarket recorded a 5.1% increase in UK like-for-like sales, driven by strong customer demand for value, quality and a range of new own-brand products.
CEO Ken Murphy said: “We are pleased with our performance across the first quarter. Our continued
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