Tesco Expands Profit Forecast Amid Geopolitical Uncertainty
Tesco has expanded its profit outlook for the current financial year to £3bn to £3.3bn, citing geopolitical tensions in the Middle East as a factor affecting consumer confidence. The company reported a modest 0.8% increase in adjusted operating profit to £3.15bn for the 12 months ended 28 February 2026.
Topics: consumer confidence geopolitical uncertainty operating profit profit outlook Tesco