Major PC retailers’ results expected this week

Three of the largest computer retailers in the UK are expected to announce their trading updates later this week, with analysts expecting a mix of results.

Tesco, which has recently been making aggressive moves into the sector, is expected to post an increase in revenue of around four per cent – helped largely by increased its food offerings.

Home Retail is expected to announce that its Argos chain saw flat sales over the Christmas retail period, while, Kesa, which owns electrical retailer Comet, is also due to announce its trading update later this week.