LONDON BRIEFING: Tesco sales beat expectations; conducts share buyback
LONDON BRIEFING: Tesco sales beat expectations; conducts share buyback | Financial News
Source: lse.co.uk
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LONDON BRIEFING: Tesco sales beat expectations; conducts share buyback | Financial News
The shares opened 4% higher to top the FTSE 100 list of risers early Wednesday
Tesco shares rose 4.5 per cent to 264.24p in early trading, making it the top - and one of the few - risers on the FTSE 100, which otherwise slumped more than 1.5 per cent this morning.
The baker admitted it has suffered some disruption in terms of availability of staff over the past few months
But the bakery chain says it plans to accelerate its store opening plans to 150 a year.