{"id":6267,"date":"2026-10-08T06:49:45","date_gmt":"2026-10-08T06:49:45","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=6267"},"modified":"2026-10-08T06:49:45","modified_gmt":"2026-10-08T06:49:45","slug":"tesco-well-positioned-for-growth-says-murphy-daily-business","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=6267","title":{"rendered":"Tesco well-positioned for growth, says Murphy \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco-300x191.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco-768x489.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco-600x382.png 600w\" fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco.png\" alt=\"Ken Murphy\" class=\"wp-image-167105 lazyload\" sizes=\"(max-width: 794px) 100vw, 794px\"\/><img loading=\"lazy\" decoding=\"async\" width=\"794\" height=\"506\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco.png\" alt=\"Ken Murphy\" class=\"wp-image-167105\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco.png 794w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco-300x191.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco-768x489.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2024\/06\/Ken-Murphy-and-Tesco-600x382.png 600w\" sizes=\"auto, (max-width: 794px) 100vw, 794px\"\/><figcaption class=\"wp-element-caption\"><em>Ken Murphy: investing in the customer<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size wp-block-paragraph\">Supermarket group Tesco\u00a0posted a strong first six months trading and said it is well-positioned for the second half, despite the squeeze on consumer spending.<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Group adjusted operating profitfor the 26 seeks to 29 August rose 6.3% at constant rates to \u00a31.78 billion (\u00a31.67bn), with statutory pre-tax profit up 11.5% to \u00a31.455bn (\u00a31.3bn).<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The company said the strong financial performance \u201cpositions us well as we go into the second half, supporting our ongoing investment in the customer offer and the capabilities that will drive future growth. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cWe now expect group adjusted operating profit between \u00a33.15bn and \u00a33.30bn (versus the \u00a33.0bn to \u00a33.3bn range we communicated in April 2026).<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Ken Murphy, chief executive, said: \u201cI am proud that we have achieved our highest-ever customer satisfaction score, reflecting our continued focus on value, quality and service. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cOur strong performance enables us to keep investing in the customer offer and the capabilities that will drive future growth. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">\u201cAgainst an uncertain external backdrop, we have \u2026 continued to innovate across all our ranges, launching over 800 new and improved products during the half.\u201d<\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">The Finest range continues to outperform, with sales up 9%, while digital channels are important growth drivers for Tesco, with online sales growing 8% in the half.  There has been strong growth in Whoosh, up 37% in the half and on track to deliver sales of over \u00a3500m this year. <\/p>\n<p class=\"has-medium-font-size wp-block-paragraph\">Murphy added: \u201cWe are also making strong progress on AI-enabled personalisation, extending Your Clubcard Prices and beginning the customer rollout of our meal planning assistant, helping customers manage their busy lives. Tesco Media grew strongly in the half, attracting new advertisers and offering improved analytics and automation through an enhanced self-service platform.\u201d<\/p>\n<p><!-- Simple Share Buttons Adder (8.7.0) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Tesco #wellpositioned #growth #Murphy #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ken Murphy: investing in the c&hellip; <\/p>\n","protected":false},"author":1,"featured_media":6268,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[269,271,884,9383,6566,9384,9385],"class_list":["post-6267","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-business","tag-daily","tag-growth","tag-ken-murphy","tag-murphy","tag-tesco","tag-wellpositioned"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - 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