Plenty of Potential Outside U.K.
Gray said that while he sees Tesco’s growth pace slowing on the international front in the coming years, the company still has plenty of growth potential outside the U.K.. “They are still growing very rapidly in international, but at a slightly slower pace than in previous years,” Gray said. He noted that the company has pulled back on capital expenditures, to about $4.7 billion, down from previous expenditures of nearly $6 billion, as it focuses on restoring ...
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