CHESHUNT, England — Tesco here said Tuesday it was “encouraged” by the momentum at Fresh & Easy Neighborhood Market — its U.S.-based division — during the fiscal first quarter, which ended May 31. Though the company did not report specific dollar amounts, it said sales were up 21.9% (31.7% at constant exchange rates), while comparable-store sales rose 11.1%. Tesco said comps were driven by both increased customer counts and higher average tickets. “Our new stores in Northern California ...
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