Companies reporting w/c 6 April

We give our thoughts on what to expect from companies announcing results week commencing 6 April 2020.

Wednesday

Tesco Plc (Q4 2020 Earnings Release) 

The market will be keen to be updated on the current situation and the possible benefit of more people staying and eating at home. The group has taken on a significant number of new staff to help with stacking the shelves and deliveries. A recent market survey showed group market share had recently fallen to 26.8%.

We currently list Tesco as a HOLD

All information given including prices, yields and our opinion is correct at the time of publication. Our opinions on investments can change at any time and for our latest view please go to www.share.com. To understand how our Investment research team arrive at their views please read our Investment Research Policy.

 
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