Wednesday Results6 Apr 2020 10:38
Hi all - thought I'd open a thread to see how people feel about Wednesday's results.
I expect we will see solid results on Wednesday and a good forecast. I am hoping the dividend is not slashed but there is every chance that it will be.
I think Tesco will be careful about being seen to benefit from covid19, though obviously they do benefit from it. Restaurants, Cafes & Bars being closed means all of that extra revenue goes to the supermarket. Costs have increased since they have to throw the staff a bone (deservedly), but hopefully costs have not increased dramatically.
Anyway - I am hopeful but would welcome any counter points to keep me honest!