Britain's biggest retailer Tesco on Thursday posted subdued sales for the first quarter of its financial year, citing poor consumer sentiment in its Brexit-facing home market. Sales rose 0.4 percent to £14 billion ($18 billion, 16 billion euros) in the three months to May 25 from a year earlier, Tesco said in a trading update.
In Britain, sales fell 0.4 percent in the first quarter but rose 0.4 percent on a like-for-like basis - which strips out the impact of new floor space.
The same period of the company's previous financial year had been boosted by a royal wedding and hot weather conditions.
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