TSCO.L - Tesco PLC

LSE - LSE Delayed Price. Currency in GBp
256.50
+0.30 (+0.12%)
At close: 4:35PM BST
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Previous Close256.20
Open255.70
Bid250.00 x 215000
Ask263.90 x 175000
Day's Range254.80 - 258.50
52 Week Range173.75 - 266.80
Volume16,338,082
Avg. Volume29,975,185
Market Cap24.96B
Beta0.53
PE Ratio (TTM)17.45
EPS (TTM)14.70
Earnings DateOct 3, 2018
Forward Dividend & Yield0.03 (1.15%)
Ex-Dividend Date2018-05-17
1y Target Est266.00
  • Carrefour and Tesco join forces to boost purchasing firepower
    Reuters Videos2 months ago

    Carrefour and Tesco join forces to boost purchasing firepower

    Europe's two largest supermarket groups, France's Carrefour and Britain's Tesco, plan to form a global purchasing alliance to cut costs in the face of competitive pressure. As Thuy Ong reports, the deal is the latest partnership in a European retail industry into which U.S. internet giant Amazon has made inroads in recent months.

  • What Should We Expect From Tesco PLC’s (LON:TSCO) Earnings In The Next 12 Months?
    Simply Wall St.yesterday

    What Should We Expect From Tesco PLC’s (LON:TSCO) Earnings In The Next 12 Months?

    After Tesco PLC’s (LON:TSCO) earnings announcement in February 2018, analyst consensus outlook appear cautiously optimistic, with profits predicted to increase by 29.23% next year against the past 5-year average growthRead More...

  • Aldi takes on U.S. rivals with scores of new products
    Reuters11 days ago

    Aldi takes on U.S. rivals with scores of new products

    German-owned discount supermarket Aldi Inc [ALDIEI.UL] is rolling out scores of new products in the United States, it said on Thursday, in an aggressive push to expand in the country even as rivals are struggling in a drawn-out price war. Aldi, the world's No. 5 retailer owned by Aldi Sud, embarked on a $5 billion plan last year to remodel and expand its U.S. chain to 2,500 by the end of 2022 from 1,600 in June 2017. A fifth of all products in Aldi stores will be new by early 2019, the company said, adding that it had targeted popular categories including easy-to-prepare food and fresh, organic produce and meat.

  • Tesco PLC (LON:TSCO): What Does The Future Look Like?
    Simply Wall St.12 days ago

    Tesco PLC (LON:TSCO): What Does The Future Look Like?

    The latest earnings announcement Tesco PLC (LON:TSCO) released in February 2018 showed that the company experienced a significant tailwind, more than doubling its earnings from the prior year. Today IRead More...

  • Reuters14 days ago

    Carrefour, Tesco alliance to become operational in October

    PARIS (Reuters) - Supermarket retailers Carrefour (CARR.PA) and Tesco (TSCO.L) said on Monday that they expected their previously-announced purchasing alliance to become operational in October. The companies ...

  • Former Tesco finance director will not face fraud trial with others
    Reuters20 days ago

    Former Tesco finance director will not face fraud trial with others

    Former Tesco (TSCO.L) finance director Carl Rogberg will not stand trial with two of his former colleagues in September, Britain's Serious Fraud Office said on Monday. "Today His Honour Judge Sir John Royce severed Carl Rogberg from the upcoming trial indictment," the SFO said in a statement to media, which are barred under English law from reporting the reason why Rogberg will not stand trial in September. Two of Rogberg's one-time colleagues at Tesco, UK managing director Christopher Bush and food commercial director John Scouler, neither of whom still work for the supermarket, face a retrial starting on Sept. 3 after the first trial was called off shortly before the jury was due to consider its verdict.

  • Retailers set sights on Facebook, Google ad revenue
    Reuters25 days ago

    Retailers set sights on Facebook, Google ad revenue

    Using data about its customers' shopping habits, Target homed in on shoppers who likely had allergies and showed them ads for Dyson's cordless V6 vacuum on social media and Target's website. Data about real people and real behaviours “actually get a much stronger result because the fidelity of that data is so much richer," said Kristi Argyilan, Target's senior vice president of media and guest engagement. Retailers ranging from Target and Walmart Inc (WMT.N) to grocers such as Tesco Plc (TSCO.L) are working aggressively to attract big advertisers to their websites in a bid to drive sales, according to interviews with retailers, packaged goods makers, consumer data firms and marketing consultants.

  • Reuters26 days ago

    Sainsbury's put in the shade by takeover target Asda's sales growth - Kantar

    Asda, the British supermarket arm of Walmart, recorded its strongest sales growth in more than five years over the last quarter, while Sainsbury's, which has agreed to buy its smaller rival, was the laggard, industry data showed on Tuesday. Sainsbury's, Britain's second largest supermarket group, sealed a £7.3 billion takeover of Asda, the number three, in April, a combination that will overtake Tesco as Britain's biggest grocery chain.

  • Reuters26 days ago

    Sainsbury's put in the shade by takeover target Asda's sales growth - Kantar

    * Asda sales up 3.7 pct in 12 weeks to July 15 - Kantar Worldpanel * Sainsbury's sales up 0.8 pct * Sainsbury's agreed 7.3 bln stg deal to buy Asda in April * Sainsbury's shares down 0.4 pct (Adds details of Kantar commentary, updates shares) By James Davey LONDON, July 24 (Reuters) - Asda, the British supermarket arm of Walmart, recorded its strongest sales growth in more than five years over the last quarter, while Sainsbury's , which has agreed to buy its smaller rival, was the laggard, industry data showed on Tuesday. Sainsbury's, Britain's second largest supermarket group, sealed a 7.3 billion pound ($9.6 billion) takeover of Asda, the number three, in April, a combination that will overtake Tesco as Britain's biggest grocery chain.

  • Bloomberg27 days ago

    Tesco Readies New Discount Stores to Take on Lidl and Aldi

    Tesco Plc is readying a new chain of discount stores in the company’s most direct offensive on Aldi and Lidl to date. Tesco acquired both sites before Chief Executive Officer Dave Lewis took over in 2014 and they have been dormant since. “Tesco will be competing with Aldi and Lidl in what they do best,” Berenberg analyst Dusan Milosavljevic said by email.

  • Reuters28 days ago

    PRESS DIGEST- British Business - July 23

    The following are the top stories on the business pages of British newspapers. Mike Manley, at present the boss of Jeep and hitherto little known outside of the automotive sector, has been appointed chief executive of Fiat Chrysler, after the abrupt retirement of Sergio Marchionne, the much-feted industry leader, owing to ill-health. The chief executive of Airbus has opened the door to a merger of the aerospace giant's jet fighter business with that of BAE Systems Plc to create a pan-European military aircraft company with the might to take on America.

  • Reuterslast month

    Britain announces 'short and sharper' code for companies

    Companies in Britain must strive to rein in excessive executive pay, pay more heed to staff and make boards more diverse under a new "short and sharper" corporate code, published on Monday. The Financial Reporting Council (FRC) has updated its non-binding 26-year old code of corporate standards for publicly listed companies, which must comply with it or explain in annual reports to shareholders if they do not. The new 15-page code, about half the length of the current version, comes as the watchdog, which oversees company governance standards and accountants, faces a review to see if it can uphold high corporate standards to maintain Britain's attractions as a place to invest after Brexit.

  • French anti-trust authority to probe supermarket purchasing alliances
    Reuterslast month

    French anti-trust authority to probe supermarket purchasing alliances

    France's antitrust authority said on Monday it will investigate the potential impact of several purchasing alliances recently sealed by French and European supermarket retailers. The probe on that last alliance was also widened to include the tie-up between Carrefour and Tesco (TSCO.L). The probes will assess "the competitive impact of these purchasing alliances on the markets concerned for suppliers and for consumers," the statement said.

  • RSA's Martin Scicluna lined up to chair Sainsbury's - Sky News
    Reuterslast month

    RSA's Martin Scicluna lined up to chair Sainsbury's - Sky News

    Sainsbury's (SBRY.L), the British supermarket group that is merging with rival Asda, has lined up Martin Scicluna as the successor to chairman David Tyler, Sky News reported on Tuesday. Scicluna already chairs insurance group RSA (RSA.L) and property company Great Portland Estates (GPOR.L). Sainsbury's, Britain's second biggest supermarket, announced a 7.3 billion pound deal to buy Walmart-owned (WMT.N) Asda in April, a tie-up which could put it ahead of market leader Tesco (TSCO.L) in grocery sales.

  • Reuterslast month

    M&S chairman tells investors there's no quick fix

    Shareholders in Marks & Spencer (MKS.L) should not be overly concerned about its financial results over the next two years because those numbers are not that important to the clothing and food retailer's future, its new chairman told them on Tuesday. Retail veteran Archie Norman joined M&S as chairman in September last year and two months later the company detailed its latest attempt at a turnaround after more than a decade of failed reinventions. The plan included a five-year programme of store closures and relocations to cut excess selling space in its clothing business, increased technology investment and moves to make a misfiring food business more competitive.

  • Tesco's Star Steps Away From the Limelight
    Bloomberglast month

    Tesco's Star Steps Away From the Limelight

    Charles Wilson’s serious illness has constrained his ability to steer Tesco’s defense against muscular rivals.

  • Tesco UK boss Wilson steps back due to illness
    Reuterslast month

    Tesco UK boss Wilson steps back due to illness

    Tesco said its recently appointed UK and Ireland boss Charles Wilson would step down to a less onerous role after being diagnosed with throat cancer three months ago. Wilson, the former CEO of wholesaler Booker which was bought by Tesco in March, had been seen as a potential heir to Tesco Chief Executive Dave Lewis.

  • Reuters2 months ago

    Carrefour, Tesco deal to squeeze suppliers, big and small

    PARIS/LONDON (Reuters) - A deal between Carrefour and Tesco to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz. The Carrefour-Tesco alliance will reset relationships with global suppliers like Unilever, Nestle and Procter & Gamble, at a time when they are already battling sluggish demand and start-up rivals. In a further blow to major consumer goods firms, the pair will also jointly source own-brand products, sales of which are growing rapidly in Europe due to the expansion of discounters like Aldi and Lidl which mostly stock private-label goods.

  • Carrefour, Tesco deal to squeeze suppliers, big and small
    Reuters2 months ago

    Carrefour, Tesco deal to squeeze suppliers, big and small

    PARIS/LONDON (Reuters) - A deal between Carrefour (CARR.PA) and Tesco (TSCO.L) to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz. The Carrefour-Tesco alliance will reset relationships with global suppliers like Unilever (ULVR.L), Nestle (NESN.S) and Procter & Gamble (PG.N), at a time when they are already battling sluggish demand and start-up rivals. In a further blow to major consumer goods firms, the pair will also jointly source own-brand products, sales of which are growing rapidly in Europe due to the expansion of discounters like Aldi and Lidl which mostly stock private-label goods.

  • The Wall Street Journal2 months ago

    [$$] Grocery Giants Tesco, Carrefour Team Up Amid Amazon Threat

    Two of the world’s biggest grocery chains, Tesco PLC and Carrefour SA, have struck a deal to collaborate on how they buy from suppliers in an effort to cut prices amid mounting competition from Amazon.com Inc. and other rivals. Tesco, Britain’s largest grocery chain, and Carrefour, the French giant, said they would jointly source certain products to lower prices, raise quality and broaden their product offerings. The deal is the latest in a string of moves by traditional grocers the world over as they race to find new ways to compete with Amazon’s growing food ambitions and fast-changing shopper behavior.

  • European shares fall as trade worries and German politics bite
    Reuters2 months ago

    European shares fall as trade worries and German politics bite

    By Julien Ponthus LONDON (Reuters) - European shares fell on Monday as worries about U.S. trade policies and concerns about German Chancellor Angela Merkel's coalition government weighed on sentiment. ...

  • Reuters2 months ago

    Carrefour and Tesco up stakes with new purchasing alliance

    PARIS/LONDON (Reuters) - Europe's largest supermarket groups Carrefour and Tesco have agreed to form a global purchasing alliance to demand better terms from major suppliers in the latest attempt by the industry to drive down costs. With combined annual sales of $170 billion, the partnership is designed to secure a better deal from the likes of Nestle, Procter & Gamble, Unilever, Danone and others to help the French and British groups to compete hard on price. Such alliances are becoming increasingly common in Europe's retail sector as supermarkets battle to keep prices down to counter German-owned discount groups Aldi and Lidl and the looming shadow of U.S. internet giant Amazon.