Tesco (TSCO LN) FY 2025 (GBP): Revenue 66.6bln (prev. 63.63bln Y/Y), Adj. EPS 29p (prev. 27.4p Y/Y), Dividend/shr 14.5p (prev. 13.7p Y/Y)

Other Metrics:

• LFL Sales +3.5%.

Outlook: 

• Reflecting the increased uncertainty caused by the conflict in the Middle East, we are providing a wider range of guidance than we were previously planning.
• we are expecting to deliver adjusted operating profit of between GBP 3.0-3.3bln for the 2026/27 financial year.
• Targeting a further GBP 500mln saving this year through our Save to Invest programme.
• We expect free cash flow of between £1.5bn and £2.0bn, in line with the upgraded medium-term guidance range set out above.

CEO: 

• "Customers are choosing to shop more with us as a result, leading to our highest market share for over a decade".