UK's Tesco forecasts profit at upper end of guidance after Christmas sales rise

Reuters01-08

LONDON, Jan 8 (Reuters) - Tesco TSCO.L, Britain's biggest food retailer, on Thursday forecast full-year profit at the upper end of previous guidance as it reported a 3.2% rise in underlying UK sales for the key Christmas trading period, winning market share from rivals.

UPDATE 1-Ocado and Lidl lead Christmas sales growth, Tesco solid, says Worldpanel nL8N3Y70BD

(Reporting by James Davey; Editing by Kate Holton)

((james.davey@thomsonreuters.com))

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