Tesco (TSCO.L) stock slips after Christmas update boosts profit view — what traders watch next
London, Jan 10, 2026, 08:58 GMT — Market closed Tesco PLC shares ended Friday down 1.6% at 415.4 pence, leaving the stock about 8% lower over the past two sessions after the supermarket lifted its full-year profit outlook following a Christmas sales rise. (shareprices.com) The reaction matters because Tesco is the biggest player in UK groceries and often sets the tone on pricing. Rivals are still fighting for share as shoppers stay price-sensitive, and any shift in food inflation feeds straight into how hard supermarkets have to lean on discounts. Sainsbury’s boss Simon Roberts told reporters he expected food inflation