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ANALYST VIEWS: HOW DO YOU EXPECT TESCO TO HAVE PERFORMED THIS TIME?

JONATHAN PRITCHARD | ORIEL SECURITIES
I see the figures being as much as four per cent up on last year. The Clubcard doubling of points has made a big difference and I cannot see any reason why the figures should not follow the trend of Sainsbury’s and be significantly up.

KEITH BOWMAN | HARGREAVES LANSDOWN
These figures will be all about the UK core business. The company will be analysing the impact of its clubcard after it doubled its discounts. We have to remember though that all of the retail sector is under pressure and some believe Christmas could have been a last binge for customers facing a tough time next year.

JEREMY BATSTONE-CARR | CHARLES STANLEY
We must remember that the retail sector is still struggling and it’s too early to predict whether it’s going to be a good year.
The picture on the high street has been mixed with Waitrose last week eclipsing Marks & Spencer with a nine per cent rise compared with just 0.8 per cent.