Will FTSE 100 retailers Tesco and Sainsbury’s deliver further share price gains?

After their recent strong performances, FTSE 100 retailers Tesco and Sainsbury's face a difficult future, but they are taking action to drive growth, says Robert Stephens

Shopping basket with groceries in supermarket
(Image credit: © Getty images)

The share prices of FTSE 100 retailers Tesco and Sainsbury’s have surged higher over recent months.

Indeed, they have gained 13% and 16%, respectively, since the start of the year. This is significantly higher than the wider index’s return of 5% over the same period.

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Robert Stephens

Robert Stephens is a CFA charterholder with over 15 years industry experience. He has worked with a wide range of global asset managers and contributed to a variety of newspapers and magazines including The Telegraph, What Investment and Citywire. He has been a passionate investor on his own account for over 20 years and cites Warren Buffett, Ben Graham and Peter Lynch as his main influences.