Tesco outperforms market with 2.2 percent rise in Christmas sales

Tesco, Britain’s biggest retailer, beat forecasts with a 2.2 percent rise in like-for-like sales in Britain for the key Christmas period, saying it outperformed the market in food, clothing and general merchandise.

Analysts had forecast a rise of 1.0 to 1.5 percent for the six weeks to Jan. 5.

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