“Chief executive Roisin Currie attributed that setback to hot weather, weak high street footfall and the phasing of increased costs as the company built a new national distribution centre in Kettering and continued to add to its store estate,” said Russ Mould, AJ Bell investment director, Danni Hewson, AJ Bell head of financial analysis and Dan Coatsworth, AJ Bell investment analyst. The supermarket’s shares recently hit their highest level since 2010. “They have been helped by the woes of Morrison and Asda, which are struggling under the debt burdens shovelled on to them by their private equity buyers,” added the AJ Bell trio. “Tesco has picked up a precious eight-tenths of a point of market share over the past year, according to Kantar Worldpanel. “June’s trading update revealed 4.7% like-for-like sales growth in the UK in the first quarter and 4.6% across the whole group.”Friday 3 October