**SummaryTesco PLC Q3 & Christmas Trading Statement 2025/26**
Tesco PLC reported strong performance in its Q3 and Christmas trading period (19 weeks to 3 January 2026), with like-for-like sales growth across most segments. Key highlights include
**UK & ROI**Like-for-like sales grew by +3.8%, driven by fresh food (+6.6% in the UK), investments in value, and improved customer satisfaction. The UK achieved its highest market share in over a decade (29.4% in the 4-week period), while ROI saw market share gains of +41bps to 24.0%.
**Booker**Sales declined by (1.3%) due to tobacco market weakness and a contract exit, though core catering sales grew by +2.4%.
**Central Europe**Sales increased by +1.0%, supported by fresh food and online growth (+14.3%).
**Group Performance**Overall like-for-like sales grew by +2.9%, with total sales up +3.6% to £24.969 billion.
**Strategic Initiatives**
Launched 340 new and improved own-brand Christmas products, with Finest range sales up +13.0%.
Recruited 28,500 additional colleagues and added 100,000 online delivery slots using AI-powered tools.
Expanded Everyday Low Prices to 3,000 branded products and enhanced Clubcard rewards.
**Outlook**
Tesco expects FY 2025/26 adjusted operating profit at the upper end of the £2.9bn to £3.1bn guidance range, with free cash flow within £1.4bn to £1.8bn.
**CEO Comment**
Ken Murphy highlighted strong customer satisfaction, value initiatives, and market share gains, emphasizing Tesco’s commitment to delivering value and quality for customers.
**Investor & Media Contacts**
Details provided for Investor Relations and Media inquiries, with an investor call scheduled for 9:00 am on 8 January 2026. Preliminary results will be announced on 16 April 2026.