Sales over its third quarter before the Christmas period lifted 4% in the 13 weeks to November 22. But shares fell 6% in Thursday trading as festive sales growth fell short of market expectations. Chief executive Ken Murphy said: “Our investments in value, quality and service drove further gains in customer satisfaction and strong growth in fresh food, contributing to our highest UK market share in over a decade. Aarin Chiekrie, equity analyst at Hargreaves Lansdown, said: “Tesco continued to deliver for shoppers and investors alike this festive season, scooping up market share and increasing consumer satisfaction scores in an extremely competitive market. “However, performance at its wholesale business, Booker, wasn’t as good as hoped due to the long-running decline in tobacco sales.

Source: The Herald January 08, 2026 07:47 UTC