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Stock impact report

Tesco reports strongest UK sales growth in seven years [Reuters]

Kroger Company (The) (KR) 
Last kroger company (the) earnings: 3/5 08:30 am Check Earnings Report
US:NYSE Investor Relations: ir.kroger.com
Company Research Source: Reuters
FILE PHOTO: A woman walks past a Tesco supermarket in central London, December 9, 2014. REUTERS/Toby Melville/File Photo By James Davey | LONDON LONDON Tesco ( TSCO.L ), Britain's biggest retailer, has cemented its recovery, reporting its strongest quarterly sales performance in its home market in seven years despite rising prices. Chief Executive Dave Lewis has been leading a fightback after Tesco's profits were hammered by changing shopping habits, the rise of German discounters Aldi and Lidl and an accounting scandal in 2014. He stabilized the business and then got it growing again with a focus on lower prices, new and streamlined product ranges, better customer service and much improved supplier relationships. Tesco remains Britain's largest supermarket by a wide margin. The group, which in January agreed to buy wholesaler Booker ( Show less Read more
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