Thursday sees Tesco (TSCO -0.55%) (TSCD.Y -0.05%) release its Christmas trading update, and investors are hoping for better news than this time last year. Nate Weisshaar and Andy Paul offer a recap, and what the results may tell shareholders.

Legendary U.S. investor Warren Buffett increased his stake in Tesco earlier last year. You can find out what attracted Buffett to the company, and the price the billionaire investor paid for his shares, by downloading an exclusive Motley Fool report "The One European Share Warren Buffett Loves." You can have this free report dispatched to your inbox immediately simply by clicking here.