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General · 16 April 2026

Tesco says Iran war clouds profit outlook

Tesco says Iran war clouds profit outlook

TCExplorer via Wikimedia Commons (CC BY-SA 2.0)

Higher costs and weaker spending could affect shoppers and retail prices. Tesco said uncertainty from the Iran war is weighing on its profit outlook for the 2026/27 financial year, with results released on April 16. It expects adjusted operating profit between £3.0 billion and £3.3 billion, compared with £3.152 billion in 2025/26.

Reported by FOX54 News · How we write briefs

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