Tesco sees sales growth, bakery future unknown

摘要

Supermarket giant Tesco reported a £162m pre-tax profit for the year to 27 February, plus its first quarterly sales growth since 2013. UK like-for-like (LFL) sales at Tesco were up 0.9% in the fourth quarter, which the supermarket hailed as "significant progress". This follows last year's S6.3bn loss, the worst results in the supermarket's history. It said that a program of cost-cutting through store closures and a bumper Christmas had forged the comeback. Dave Lewis, chief executive, said the group had "regained competitiveness in the UK".