Tesco reports sales growth driven by online shopping and award-winning products

Tesco has reported strong financial performance across its operations, driven by online shopping growth and award-winning product lines. In the UK, the supermarket chain saw sales of £33.8 billion for the first half of the year, excluding fuel and VAT, representing a 1% like-for-like increase. Online sales in the UK rose by 8.4%, while the rapid delivery service, Whoosh, grew by 37%. Consequently, Tesco raised its annual adjusted operating profit outlook to between £3.15 billion and £3.3 billion.

In Ireland, Tesco reported a 12.5% annual sales growth for products from suppliers that won Blas na hÉireann awards. The retailer secured 86 awards for 33 Irish suppliers, including Keohane Seafoods and Irish Country Meats. Tesco Ireland commercial director Joe Manning noted that customers are increasingly seeking out award-winning products to ensure quality and taste, which has helped drive sales growth for local producers.