IP DORGAN | ALTIUM SECURITIES
If we were to be critical, then we would say it has fallen short of how the market would have expected it to have performed from the time of its third-quarter announcement, whereas Sainsbury’s has actually done better.
CLIVE BLACK | SHORE CAPITAL
The good ship Tesco UK is certainly not broken, being by far and away the most profitable retail business in these Isles with still industry leading margins. However, a new team may help it focus.
NEIL SAUNDERS | VERDICT RESEARCH
It would be unreasonable to discount the weather’s influence but this is only a part of the picture: other factors are at work. Foremost among them is the expansion of rivals, eroding growth potential.