TSCO.L - Tesco PLC

LSE - LSE Delayed Price. Currency in GBp
223.30
-0.90 (-0.40%)
At close: 4:35PM GMT
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Previous Close224.20
Open223.20
Bid221.50 x 215000
Ask225.00 x 175000
Day's Range221.90 - 224.80
52 Week Range187.05 - 266.80
Volume11,253,440
Avg. Volume26,800,455
Market Cap21.737B
Beta (3Y Monthly)1.14
PE Ratio (TTM)19.94
EPS (TTM)11.20
Earnings DateApr 10, 2019
Forward Dividend & Yield0.04 (1.64%)
Ex-Dividend Date2018-10-11
1y Target Est269.93
  • Reuters4 days ago

    Tesco says new accounting standard will not have economic impact

    Tesco, Britain's biggest retailer, said on Friday a new accounting standard related to the treatment of leases, will change the way assets and liabilities are presented but will not have an economic impact on the group. It also said the introduction of the new IFRS 16 standard would have no bearing on the plans or financial ambitions Tesco detailed in October 2016. Tesco said it has no effect on how the business is run, nor on cash flows for the group.

  • Reuters7 days ago

    Competition regulator extends review deadline for Sainsbury's-Asda deal

    Britain's competition regulator has extended the review period for Sainsbury's proposed £7.3 billion takeover of rival supermarket group Asda by eight weeks to give it more time to consider evidence recently provided to them. The Competition and Markets Authority (CMA) regulator had been due to publish its provisional findings on the deal by early February and its final report in early March. The deal, agreed in April 2018, between second-ranked Sainsbury's and the British arm of Walmart, the number three player, could see the combined group vault Tesco as market leader.

  • Reuters7 days ago

    UK regulator extends review deadline for Sainsbury's-Asda deal

    Britain's competition regulator has extended the review period for Sainsbury's proposed 7.3 billion pound ($9.5 billion) takeover of rival supermarket group Asda by eight weeks to give it more time to consider evidence recently provided to them. The Competition and Markets Authority (CMA) regulator had been due to publish its provisional findings on the deal by early February and its final report in early March. The deal, agreed in April 2018, between second-ranked Sainsbury's and the British arm of Walmart, the number three player, could see the combined group vault Tesco as market leader.

  • Financial Times10 days ago

    [$$] Retailers should evolve rather than ask for government help

    during the Christmas period, and profit margins are under pressure across the sector. High street retailers, which built their dominance on having chains of shops close to their consumers, must rebalance their portfolios.

  • Reuters13 days ago

    Britain's 'big four' supermarkets continue to lose share - Kantar

    LONDON (Reuters) - Britain's "big four" supermarkets continued to lose market share to German discounters Aldi and Lidl in the 12 weeks to Jan. 27, market research firm Kantar Worldpanel said ...

  • Reuters13 days ago

    Britain's 'big four' supermarkets continue to lose share-Kantar

    Britain's "big four" supermarkets continued to lose market share to German discounters Aldi and Lidl in the 12 weeks to Jan. 27, market research firm Kantar Worldpanel said on Tuesday. Market ...

  • Reuters20 days ago

    Sainsbury's-Asda deal could live with upwards of 132 store disposals - UBS

    The proposed merger of Sainsbury's and rival supermarket operator Asda would be viable even if regulators forced the group to dispose of 132 stores or more, Sainsbury's house broker UBS said on Tuesday. Sainsbury's and Asda, which is owned by Walmart, agreed the 7.3 billion pound deal in April last year and it is currently being probed by Britain's regulator, the Competition and Markets Authority (CMA). Analysts at UBS said that based on disclosures from a recent Competition Appeal Tribunal (CAT) ruling, the CMA's best estimate appears to be the week commencing Feb. 11.

  • Tesco Is Playing With Fire By Cutting Jobs Now
    Bloomberg21 days ago

    Tesco Is Playing With Fire By Cutting Jobs Now

    Tesco is looking to eliminate up to 9,000 jobs – about half of which could be shifted elsewhere in the company – as part of a broader restructuring. Tesco said a shift in shopping habits meant customers were using these services less.

  • UK grocers, fast food warn of major disruption from no-deal Brexit
    Reuters21 days ago

    UK grocers, fast food warn of major disruption from no-deal Brexit

    Britain's food supply could be seriously disrupted if it leaves the EU without a deal, a lobby group representing Sainsbury's, Asda, McDonald's, KFC and other firms said on Monday. Problems would be particularly acute around March, when Britain is scheduled to quit the bloc, and when most of its produce from lettuces to tomatoes is out of season, with a higher percentage imported, the British Retail Consortium (BRC) added. The statement, also signed by the bosses of the Co-operative, Marks & Spencer, Lidl and Waitrose supermarkets, was published before key Brexit votes in Parliament set for Tuesday.

  • The Wall Street Journal21 days ago

    [$$] Tesco Says Up to 9,000 Jobs May Be at Risk From Restructuring Plan

    Tesco said Monday that up to 9,000 of its employees’ jobs could be at risk, as the U.K. grocer plans to close fresh-food counters at 90 of its stores as part of a turnaround.

  • Reuters21 days ago

    Tesco cost cuts put 9,000 UK jobs at risk

    Tesco, Britain's biggest retailer, could axe 9,000 jobs in its UK stores and head office with its latest move to simplify operations and achieve targeted cost savings. Tesco, Britain's biggest private sector employer with a staff of over 300,000, said the main change in its stores would be to its fresh meat, fish and delicatessen counters. Tesco's move shows its operation diverging from rivals such as No. 4 player Morrisons, which emphasises its army of trained butchers, fishmongers and other specialists who prepare food in-store.

  • CNBC21 days ago

    Tesco says 9,000 jobs 'impacted' in changes to UK business

    Tesco said Monday that around 90 stores will close counter operations selling fresh meat, fish and deli foods.

  • UK union seeks urgent talks with Tesco over job cuts report
    Reuters21 days ago

    UK union seeks urgent talks with Tesco over job cuts report

    British trade union Unite said on Monday it was seeking urgent talks with the management of Tesco after a Sunday newspaper report that the supermarket group is planning to cut up to 15,000 jobs. Tesco is Britain's biggest private sector employer with a staff of over 300,000. Unite said it was recognised at four distribution centres with about 1,000 members who deliver to Tesco stores across the UK.

  • Reuters22 days ago

    PRESS DIGEST- British Business - Jan 28

    Jan 28 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times -UK banking industry will ...

  • Tesco may cut thousands of fresh food counter jobs: report
    Reuters22 days ago

    Tesco may cut thousands of fresh food counter jobs: report

    Tesco, Britain's biggest supermarket chain, may cut thousands of jobs by closing in-store meat, fish and delicatessen counters and by replacing staff canteens with vending machines, the Mail on Sunday newspaper reported, citing industry sources. Up to 15,000 jobs could be put at risk by the changes, which are likely to affect the majority of Tesco's 732 larger stores, the report said, adding that details are expected to be announced this week. A spokesman for Tesco declined to comment on the details of the report.