Amid quarterly increase, Tesco acknowledges sales growth slowdown

06/15/2006 | Food Business Review

Tesco reported a 10.4% increase in group sales for the 13 weeks ending May 27 but also said sales have begun to slow down since the year started. Terry Leahy, Tesco's chief executive, acknowledged the changes but said the company's core England business has had two years of strong performance with solid progress.

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