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Tesco delivers steady growth

Tesco saw like-for-like sales in the UK rise 2.5% for the seven weeks to January 10. Non-food sales strengthened ‘a little’ against third quarter performance.

Tesco said it saw positive like-for-like sales growth across most non-food categories, driven by market share gains in sectors including clothing.

Total group sales at Tesco rose 11.6% during the Christmas and New Year period, driven by rapid international expansion and “steady” UK growth.

International sales grew by 32.7%, with sales in Asia jumping 43% over the period. Sales in Europe were up 24%.

Online sales were up 18% to £273 million over the seven week period.

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