Tesco shares rise after H1 profit growth and FY27 outlook upgrade
Tesco reported higher first-half pre-tax profit and raised its annual profit outlook for fiscal 2027, alongside an additional buyback; the stock was gaining in morning trading.
Shares of Tesco Plc were up around 4 percent in morning trading on the London Stock Exchange after the British retailer reported Thursday higher pre-tax profit in the first half of fiscal 2027 and lifted its annual profit outlook, citing resilient consumer demand.