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Last Updated: Monday, 15 January 2007, 23:50 GMT
Tesco festive performance awaited
Tesco store
Investors will be looking for a strong performance from Tesco
Tesco is due to give details of its festive trading figures, with analysts believing it will match or exceed other supermarkets' strong performances.

Sainsbury's, Marks & Spencer, Morrisons and Waitrose enjoyed a bumper holiday period as like-for-like sales, which exclude new stores, rose by 5% or more.

Tesco is expected to show continued rapid growth in non-food sales.

According to industry experts TNS, Tesco increased its UK market share over the holiday period.

Key barometer

TNS said Tesco had a 31.4% share of all sales through UK supermarkets in the 12 weeks ending 31 December.

Tesco's performance will be seen as a major barometer of how the retail sector fared over the holiday period.

In a recent analysis, stockbrokers Hargreaves Lansdown said that although there had been clear winners and losers, the sector had done "much better" than it could have hoped for.




SEE ALSO
Strong Christmas at Sainsbury's
11 Jan 07 |  Business
Christmas surge buoys Morrisons
10 Jan 07 |  Business
M&S chief hails sales 'recovery'
09 Jan 07 |  Business
John Lewis Christmas sales sizzle
08 Jan 07 |  Business

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