Monday, February 21, 2011

Tesco PLC (LON:TSCO) May Outpace Rivals

A study has predicted that Tesco PLC (LON:TSCO) will outpace its rivals in coming years. Flash Player 9 or higher is required to view the chart Click here to download Flash Player now View the full TSCO chart at Wikinvest Tesco PLC (LON:TSCO) May Outpace Rivals According to a study conducted by international food and grocery analyst IGD, the world’s third-biggest retailer Tesco PLC (LON:TSCO) will surpass its rivals in sales growth in coming years as it expands in Asia. The study has also found that the company will grow its business at a compound annual rate of 7.5 percent between 2010 and 2015 which will see Tesco PLC (LON:TSCO) outpace the annual turnover growth of world’s biggest retailer Wal-Mart. Tesco PLC (LON:TSCO) shares stood at 408.38 at the end of the last trading session. Price History Last Price: 408.38 52 Week Range: 390.00- 446.00 Last Vol: 28766548 3 Month Vol: 18466800
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