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Tesco like-for-like sales growth slowdown

Tesco has reported a slowdown in like-for-like sales growth in the three months ended 26 May to 4.7 percent, down from 5.8 percent the previous quarter. The results fell below analysts' expectations of 5 to 5.5 percent. As a result, shares in the supermarket giant dropped 2.8 percent. The group attributed the dip to "more subdued markets"....

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