Tesco PLC provides earnings guidance for the year 2022. For the period, the company reported that as a result of stronger than expected sales to date, the company now expects retail operating profit slightly above the top-end of previous £2.5 billion to £2.6 billion guidance range; the company also expects Bank operating profit to be between £160 million and £200 million, due to the effect of more favorable economic forecasts on provision for expected credit losses.