Tesco: a moderate domestic market and an international growth

The group of british supermarket Tesco PLC announced its sales figures for the third quarter.

Its sales increased by 8.2% over the previous year. Growing its business abroad, particularly in Asia, offset a moderate market.

International sales increased 15% with a gain of 23% in Asia, while growth in total sales in the UK fell to 4.9%.

The company generates about 2 / 3 of its sales in the United Kingdom, where it is the largest supermarket chain, and the remaining third coming from sales in Asia, Europe and the United States.

 
Source: Wall Street Journal