Tesco Hires Stewart as CFO Starting Immediately

The transcript covers a company's disappointing first-half performance and competition with its zero-calorie sweetener. It discusses Jimmy Choo's plans to sell shares on the London Stock Exchange, seeking a valuation of about a billion dollars. Additionally, it highlights Tesco's appointment of Alan Stewart as CFO, months earlier than planned, as the company deals with overstating its profit guidance by £250 million.

What was the company's full-year profit outlook revised to?

• Between £230 and £245 million

• Between £250 and £265 million

• Between £270 and £285 million

• Between £200 and £215 million

What is Jimmy Choo's target valuation for its stock market entry?

• About $500 million

• About $1.5 billion

• About $1 billion

• About $750 million

What percentage of Jimmy Choo's stake is planned to be sold?

• 10%

• 15%

• 25%

• 20%

Who was appointed as Tesco's Chief Financial Officer?

• Alan Stewart

• Mark Spencer

• John Lewis

• David Brown

What was the amount by which Tesco overstated its profit guidance?

• £150 million

• £200 million

• £250 million

• £300 million