Apr 10, 2019

Tesco: rolls in the aisles

Britons stockpiling toilet rolls ahead of Brexit? Nobody told Dave Lewis, chief executive of Tesco, the UK's largest supermarket. Mr Lewis offered an alternative: Brexit has so far had scant impact on Tesco. Any stability will bring relief after a tumultuous half-decade for Tesco. Weeks after he took over in 2014, Tesco faced an accounting scandal. Tesco is generating sufficient cash flow to increase its dividends, which only resumed in 2017-18.

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