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Tesco's Irish and UK Sales Growth Accelerates in Q1

  • Tesco posted strong sales growth in the 13 weeks to 24 May, with group like-for-like sales up 4.6% and UK market share rising to 28%.
  • This growth followed Tesco's value-led strategy, including launching over 350 new own-brand products and matching Aldi’s prices on key items.
  • Sales increased across all channels, with UK like-for-like sales up 5.1%, Irish sales rising 5.5%, and online sales growing 11.5% year-on-year.
  • CEO Ken Murphy attributed the like-for-like growth across all areas of the Group to the company’s ongoing focus on providing excellent value, high-quality products, and outstanding service.
  • Tesco reiterated its full-year profit forecast of £2.7bn to £3.0bn, down from £3.13bn last year, reflecting ongoing intense competition in the UK grocery market.
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RTÉ broke the news in Ireland on Thursday, June 12, 2025.
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