As Tesco so famously tells us, Every Little Helps, and the store’s beleaguered shareholders were hoping for at least a crumb of comfort from yesterday’s half-year results.
The grocer tried to look on the bright side, with strong like-for-like sales and mostly maintained profits guidance for the full-year. However, the top end of this guidance – which gives analysts an idea of what to expect when it next reports – was trimmed modestly, sending shares spiralling to six-year lows.
Read the full article on the This is Money website
