LSE:TSCO.L News 8 January 2026 - 7 February 2026

Tesco shares closed at 425.2p on Friday, up 1.1% for the day and 3% for the week. The company is in talks to cut about 380 jobs, mainly in bakery and Express stores, as it restructures operations. The FTSE 100 rose 0.5%. Investors await the Bank of England rate decision next week and Tesco’s April earnings report.

Tesco shares rose 0.6% to 423.0 pence in early London trading after the company announced plans to cut about 380 UK jobs in a restructuring. The retailer will begin consultations on closing its Hinckley distribution centre and integrating in-store bakeries at 100 Express stores. Union Usdaw said it will start talks on the proposals.

Tesco shares rose 0.5% to 417.5 pence in early London trading Monday after a volatile post-Christmas stretch. The company’s UK like-for-like sales grew 3.2% over Christmas, but volume trends remain under scrutiny as price competition intensifies. Tesco bought back 475,248 shares last week as part of its £1.45 billion repurchase program. Investors await UK inflation data and Tesco’s April earnings report.

Tesco shares closed at 415.4p Friday, down 1.6% after a 6.7% drop Thursday. CEO Ken Murphy and CFO Imran Nawaz each bought nearly £50,000 in shares as Tesco disclosed further buybacks. The retailer’s Christmas update raised its profit forecast but sparked debate over pricing strategy. UK inflation data is due Jan. 21, with Tesco’s earnings set for April 16.

Tesco shares fell 1.6% to 415.4 pence in London Friday morning, deepening Thursday’s 6.7% drop after Christmas sales growth slowed. The company raised its profit outlook to the top end of guidance, with UK like-for-like sales up 3.2% in the six weeks to Jan. 3. Investors await April 16 results for more detail on margins and pricing. Tesco bought back 475,248 shares on Jan. 8.

Tesco shares dropped nearly 5% in early London trading after the company raised its full-year profit outlook but reported slower Christmas sales growth and a 2.1% decline at its Booker unit. Like-for-like UK sales rose 3.2% over six weeks to Jan. 3, down from 3.9% in the previous quarter. Investors await management’s call and updates from rivals later this week.