Edition:
United Kingdom

Tesco CEO says outperformed in food, was happy with pricing, offer


Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Tesco ::CEO SAYS SIGNS INFLATION IS ABATING A LITTLE.CEO SAYS REALLY CONFIDENT WITH OUTLOOK.CEO SAYS "FINEST" RANGE DEMAND WAS PARTICULARLY STRONG.CEO SAYS HOME COMPUTING, VISION AND ENTERTAINMENT CATEGORIES WERE WEAK OVER CHRISTMAS.CEO SAYS HE WAS "REALLY HAPPY" WITH PRICING POSITION OF TESCO OVER CHRISTMAS.CEO SAYS OUTPERFORMED IN BOTH VOLUME AND VALUE IN FOOD IN FOUR WEEKS BEFORE CHRISTMAS.CEO SAYS PROMOTIONAL ACTIVITY IN 19-WEEK PERIOD WAS LOWER THAN A YEAR AGO.CEO SAYS 'HAPPY WITH TOY PERFORMANCE', BUT WAS NOT REMARKABLY POSITIVE OR NEGATIVE.