Tesco (TSCO) will release its interim results on Wednesday 7 October. The figures, which will cover its half year to the end of August, will arrive as supermarket shelves begin to look a little barren, with customers being warned not to repeat their stockpiling antics from earlier this year.
While retail footfall is beginning to come under renewed pressure, supermarket sales have remained strong after six months of the pandemic. Grocery inflation remains relatively high at 2.3 per cent for the 12 weeks to 6 September, according to Kantar. This is well above the general inflation rate, as per the latest consumer price index, which stood at 0.5 per cent in August.