Tesco increases Irish market share for third consecutive year as supermarket giant raises profit outlook

Supermarket giant reported an almost 19% surge in online sales in the Republic of Ireland

Total revenue in the Republic of Ireland grew by more than 6% in the first six months of this year, rising to £1.54bn (€1.77bn). (Photo by Nathan Stirk/Getty Images)

Tesco saw its market share in the Republic of Ireland grow for the third consecutive year in 2024, rising to almost 24%, the supermarket giant said on Thursday. 

Publishing its interim results, the company, which is led by Cork man Ken Murphy, said like-for-like sales grew by almost 5% in the Republic, underpinned by the supermarket's continued rollout of its 'fresh first' store refresh programme, as well as warmer weather year-on-year.