Tesco expanded its 2026/27 adjusted operating profit outlook to £3.0‑£3.3 bn, up from £3.152 bn in 2025/26.
The retailer aims to achieve £500 m of additional cost savings and projects free cash flow of £1.5‑£2.0 bn for the year.
2025/26 revenue rose 4.3% to £66.6 bn, with like‑for‑like sales up 3.5% and adjusted EPS of 29p.
Uncertainty from the Middle East conflict could affect UK households and broader economy, influencing Tesco’s outlook.