Tesco shares tumble as supermarket giant prepares for trolley wars

Tesco shares tumble as supermarket giant prepares for trolley wars

Tesco has cut its profit guidance for the coming year to fund a looming price war, but analysts say the grocer remains in a position of strength

Report: State of Grocery Europe 2025

The year 2024 was mostly a period of stabilisation for the European grocery sector, with the first signs of recovery in some markets. Despite stabilisation, 2024 remained a challenging year for European grocers. Economic pressure persisted, which led to cautious (more…) The post Report: State of Grocery Europe 2025 appeared first on KamCity.

Sainsbury's earnings preview: supermarket price war strategy in focus

Sainsbury’s is set to release its full-year results on Thursday with shares trading near the lowest levels since 2023 as a price war rages among the UK’s leading supermarkets. Investors will watch keenly for any changes in the supermarket’s market shares and all-important sales and margin figures. Despite fierce competition from traditional rivals and discounters […] The post Sainsbury’s earnings preview: supermarket price war strategy in focus …

Tesco Earnings: Shares Fall on Conservative Outlook

Weaker shares despite supermarket's solid performance and recent market share gains.

Tesco warns that supermarket price war will eat into profits

Tesco has warned that its profits are likely to fall this year as Britain’s biggest supermarket battles growing competition and rising costs in an increasingly aggressive grocery market. Announcing its full-year results, the FTSE 100 retailer said it had seen a “further increase in the competitive intensity” of the UK grocery sector and expects adjusted operating profit to fall to between £2.7 billion and £3 billion in the year ahead — down from…