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Tesco shares: festive trading statement preview

UK retailers ensure traders start the new year with a bang as they report on festive trading and amend their guidance for the full year.

Next and JD Sports kicked things off with differing outcomes. Next again proved to be the retail powerhouse investors have become accustomed to, while JD Sports shares sank over 20% as they reduced profit guidance.

Next week, it is the turn of supermarkets Sainsbury's, Tesco and Marks and Spencer.

We preview Tesco's trading statement - due to be rel...

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