Tesco has said that “increased customer satisfaction” has helped to contribute to continued market share gains in Ireland and the UK.
The retailer has today (Thursday, June 12) published its first quarter (Q1) trading statement 2025/2026.
Tesco said its group sales were £16.4 billion in the period, up 4.6% on a like-for-like basis.
Tesco
The retailer said sales in Ireland and the UK totalled £15.38 billion in the 13 weeks up to May 24, 2025. This represents a 4.7% like-for-like increase in the same period last year.
In Ireland, Tesco said that Q1 sales were worth £772 million, up 5.5% on a like-for-like basis on the same period in 2024.
The retailer reported continued growth in Irish market share to 23.3%, delivering 40 consecutive four-week periods of share gains.
The report shows that Irish food sales were up 5.8% with volume growth supported by continued investment in the retailer’s fresh proposition.
Tesco noted growth across all channels in Ireland, led by online with sales up 19.8% which continues to benefit from the launch of same-day ‘Click & Collect’ and home delivery last year.
UK
In the UK, Tesco holds a 28% market share with 24 consecutive four-week periods of share gains which was driven by “further improvements in quality and value perception”.
There was growth reported across all channels, led again by online, where sales were up 11.5%.
UK sales stood at £12.3 billion in Q1, up 5.1% on a like-for-like basis. Food sales were up 5.9% in the period, with a strong contribution from fresh food.
In central Europe, the retailer reported sales of £997 million, up 4.1% on a like-for-like basis.
Fresh food sales in the region were up 7.3% in Q1, with strong contributions from produce, dairy and bakery categories.
Ken Murphy, Tesco chief executive, said the company was “pleased with our performance across the first quarter”, adding that “the market remains intensely competitive”.
“Our continued commitment to delivering great value, quality and service for our customers has contributed to like-for-like sales growth across all parts of the Group.
“In the UK we have continued to see market share gains and increased customer satisfaction across a wide range of measures, a reflection of our powerful value proposition, strong availability and focus on product quality and innovation.
“We introduced over 350 new own-brand products across the quarter, including the launch of our exciting summer food range, and Finest is going from strength to strength, with sales up 18% year-on-year,” he said.
Tesco said that its guidance is unchanged from its preliminary results published on April 10.
The retailer continues to expect group adjusted operating profit of between £2.7 billion and £3 billion for the 2025/2026 financial year (FY) (FY 24/25: £3.128 billion).
