A rise in fuel and fertiliser prices risks leading to higher costs for food, squeezing profits at supermarket chains like Tesco

A rise in fuel and fertiliser prices risks leading to higher costs for food, squeezing profits at supermarket chains like Tesco

 Paul ELLIS

Britain's biggest supermarket chain Tesco warned Thursday that its profits could be impacted by the Mideast war lifting food costs, as it posted higher earnings for its last financial year. 

Tesco said adjusted operating profit for 2026/27 could come in lower compared with the 12 months to the end of February.

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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