
Tesco’s H1 profit plunge: What the analysts say
In an unsurprising announcement this-morning (23 October), troubled UK retail behemoth Tesco posted a 92% decline in first-half profits, weighed down by its higher-than-expected accounting error. While many analysts believe Tesco can now draw a line under its darkest days, views are mixed on how fast a turnaround, if any, is likely for the business.
