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, supports Tesco's profit outlook. UBS highlights Tesco's strategic shift linking executive incentives to market share, signaling long-term growth ambitions. The broker maintains a 'buy' rating and 545p target, citing reliable free cash flow growth and potential gains from AI and retail innovations as positive drivers.
The 4-Factor Dividend Growth Strategy, inspired by the Schwab US Dividend Equity ETF (SCHD), targets high-quality dividend stocks using four specific metrics. Since its inception, it has delivered an average 12-month return of 16.94%, outperforming S...
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 s...
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...
