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Re: Tesco posts record losses
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Originally Posted by denphone
A difficult last couple of years just got worse.
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Quote:
There was a lot of talk of “rebasing” and “resetting” in Tesco’s profit warning on Tuesday.
But behind the jargon, it was really one thing: a good old-fashioned kitchen-sinking.
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FT Linky
Basically get all the bad news out in one go, then the only way is up they hope.
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
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