Tesco's Sales Update Shows Operational Momentum, a Credit Positive
ISSUER COMMENT CORPORATES JANUARY 16, 2017 Tesco’s Sales Update Shows Operational Momentum, a Credit Positive From Credit Outlook Last Thursday, Tesco Plc (Ba1 stable) reported continued momentum in like-for-like (LFL) sales, a credit positive. The momentum demonstrates Tesco’s continued progress in adapting to changed competitive dynamics in the grocery sector since German discounters Aldi (unrat
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