{"id":2823,"date":"2018-10-03T08:08:42","date_gmt":"2018-10-03T08:08:42","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/tesco-says-growth-continues-as-sales-rise-again\/"},"modified":"2018-10-03T08:08:42","modified_gmt":"2018-10-03T08:08:42","slug":"tesco-says-growth-continues-as-sales-rise-again","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/tesco-says-growth-continues-as-sales-rise-again\/","title":{"rendered":"Tesco says growth continues as sales rise again"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape no-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Shopper outside Tesco\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/5743\/production\/_100793322_gettyimages-667619334.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><\/p>\n<\/figure>\n<p class=\"story-body__introduction\">Tesco, the UK&#8217;s biggest supermarket chain, has reported an 11th consecutive quarter of rising sales.<\/p>\n<p>Across the Tesco group like-for-like sales, which strip out the impact of new stores, were up 4.2% in the second quarter.<\/p>\n<p>Tesco chief executive Dave Lewis said this was the best sales growth in more than a decade.<\/p>\n<p>Sales at Booker, the food wholesaler that Tesco bought at the end of last year, jumped 15.1%.<\/p>\n<p>However, Tesco shares dropped more than 5.5% in early trading. <\/p>\n<p>Bernstein retail analyst Bruno Monteyne said Tesco&#8217;s first half figures showed a &#8220;strong sales momentum in Booker and UK food retail, but was soft on profitability&#8221;.<\/p>\n<p>The firm had &#8220;made a good start to the year&#8221;, Mr Lewis said, with profits mainly driven by growth in the UK and Ireland.<\/p>\n<p>Pre-tax profit rose 2.2% higher in the first half to \u00a3564m.<\/p>\n<hr class=\"story-body__line\"\/><!-- ONE DAY CHART --><\/p>\n<hr class=\"story-body__line\"\/><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45729221\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images Tesco, the UK&#8217;s biggest supermarket chain, has reported an 11th consecutive quarter of rising sales. Across the Tesco group like-for-like sales, which strip out the impact of new stores, were up 4.2% in the second quarter. Tesco chief executive Dave Lewis said this was the best sales growth in more than &hellip; <\/p>\n","protected":false},"author":0,"featured_media":2824,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2823","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2823","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=2823"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/2823\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/2824"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=2823"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=2823"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=2823"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}