UBS's latest analysis reveals that investors remain cautious about the European retail sector, with a general negative positioning skewed towards short selling. Associated British Foods and ASOS are identified as the most shorted stocks, indicating strong bets against them. Conversely, Next, Tesco, and Inditex are among the most heavily owned retail stocks, showing investor confidence. This crowding data helps highlight stocks at risk of sharp price moves around earnings announcements, either from disappointing results or potential short squeezes if performance exceeds expectations.
UBS expects Tesco to reassure investors on profit growth despite a trimmed UK sales forecast for Q1, lowered from 3% to 2% due to weaker industry data and weather. The lack of a price war among UK grocers, with rivals focusing on profitability, suppo...
Tesco has partnered with Perceptyx to improve how it collects and acts on employee feedback across its global workforce of 340,000. The collaboration introduces AI-powered tools to enable continuous listening and faster, more consistent responses to ...
Asda reported a 1.3% drop in first-quarter like-for-like sales, continuing its market share losses despite a price reset. This weak performance has raised concerns about Asda's profitability and recovery prospects. In contrast, Tesco and Sainsbury sh...
