Whatever you may think of battle-weary Tesco's (LSE: TSCO) long-term investors - may it be brave, visionary, or indeed foolish - there's one quality that undoubtedly sums them up, and that's resilient.
The heyday of Tesco (LSE: TSCO) was in the noughties. With chief executive Sir Terry Leahy at the helm, the Tesco juggernaut rolled on from year to year, making multi-billion pound profits and dominating grocery retail in the UK.
Any long-term Tesco (LSE: TSCO) shareholders should now be used to volatility. Over the past 12 months, the company's shares have bounced between 140p and 220p as the market has lost, regained, and then lost its confidence once again in the ...
The supermarkets have put in a strong performance so far this year. The FTSE 100 has struggled to make any headway, but Tesco(LSE: TSCO), Sainsbury's (LSE: SBRY) and Morrisons(LSE: MRW) have soared higher by 25%, 14% and 29%, respectively.