OverviewSuggest Edit

Tesco is a grocery and general merchandise retailer. The company provides retailing of books, clothing, electronics, furniture, toys, petrol, and software, financial services, telecoms and internet services. Tesco also provides retail banking and insurance services.

TypePublic
Founded1919
HQWelwyn Garden City, GB
Websitetesco.com

Latest Updates

Employees (est.) (Feb 2020)293,963(-8%)
Job Openings897
Revenue (FY, 2020)£64.8 B(+2%)
Share Price (Sept 2020)£2.2 (-1%)
Cybersecurity ratingCMore

Key People/Management at Tesco

Dave Lewis

Dave Lewis

Group Chief Executive
Alan Stewart

Alan Stewart

CFO
Natasha Adams

Natasha Adams

Chief People Officer
Alessandra Bellini

Alessandra Bellini

Chief Customer Officer
Christine Heffernan

Christine Heffernan

Group Communications Director
Tony Hoggett

Tony Hoggett

Chief Operations Officer
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Tesco Office Locations

Tesco has offices in Welwyn Garden City, Dundee, Praha, Budaörs and in 6 other locations
Welwyn Garden City, GB (HQ)
Tesco House, Shire Park, Kestrel Way
Dundee, GB
Baird Avenue Dundee DD1 9NF
Praha, CZ
Vršovická 1527
Budaörs, HU
H-2040 Budaörs, Kinizsi út 1-3. Hungary
Bengaluru, IN
81 & 82, EPIP Area, Tesco Campus Rd, near Vydehi Hospital, Nallurhalli, Whitefield
Dublin, IE
Gresham House, Marine Road, Dun Laoghaire
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Tesco Financials and Metrics

Tesco Revenue

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Tesco's revenue was reported to be £64.76 b in FY, 2020 which is a 1.3% increase from the previous period.
GBP

Revenue (FY, 2020)

64.8b

Revenue growth (FY, 2019 - FY, 2020), %

1.3%

Gross profit (FY, 2020)

4.6b

Gross profit margin (FY, 2020), %

7.1%

Net income (FY, 2020)

973.0m

EBIT (FY, 2020)

2.5b

Market capitalization (25-Sept-2020)

21.2b

Closing stock price (25-Sept-2020)

2.2

Cash (29-Feb-2020)

3.4b

EV

34.8b
Tesco's current market capitalization is £21.2 b.
Annual
GBPFY, 2018FY, 2019FY, 2020

Revenue

57.5b63.9b64.8b

Revenue growth, %

3%11%1%

Cost of goods sold

54.1b59.8b60.2b

Gross profit

3.4b4.1b4.6b
Half Year
GBPH1, 2018H1, 2019H1, 2020

Revenue

28.3b31.7b31.9b

Cost of goods sold

26.8b29.9b29.8b

Gross profit

1.6b1.9b2.2b

Gross profit Margin, %

6%6%7%
Annual
GBPFY, 2018FY, 2019FY, 2020

Cash

4.1b2.9b3.4b

Accounts Receivable

466.0m598.0m495.0m

Prepaid Expenses

317.0m297.0m192.0m

Inventories

2.3b2.6b2.4b
Half Year
GBPH1, 2018H1, 2019H1, 2020

Cash

4.3b3.2b2.7b

Inventories

2.5b2.8b2.7b

Current Assets

15.8b13.6b16.4b

PP&E

18.4b18.8b19.0b
Annual
GBPFY, 2018FY, 2019FY, 2020

Depreciation and Amortization

1.3b1.4b2.2b

Inventories

55.0m11.0m178.0m

Accounts Payable

278.0m(307.0m)(391.0m)

Cash From Operating Activities

2.8b2.0b38.0m
Half Year
GBPH1, 2018H1, 2019H1, 2020

Depreciation and Amortization

640.0m679.0m1.0b

Inventories

(138.0m)(180.0m)(61.0m)

Accounts Payable

226.0m129.0m254.0m

Cash From Operating Activities

1.1b910.0m1.3b
GBPH1, 2018

EV/EBIT

25.2 x

EV/CFO

20.5 x

Debt/Equity

1.1 x

Debt/Assets

0.2 x

Financial Leverage

4.4 x

P/E Ratio

24.1
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Tesco Operating Metrics

Tesco's Stores was reported to be 7 k in FY, 2020.
FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019FY, 2019H1, 2020FY, 2020

Stores

6.73 k6.76 k6.81 k6.84 k6.84 k7.06 k6.99 k6.99 k7.01 k

Stores (Extra, UK)

252 252 252 252 252 252

Stores (Superstore, UK)

478 478 479 480 480 480

Stores (Metro, UK)

177 176 176 176 172 172
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Tesco Acquisitions / Subsidiaries

Company NameDateDeal Size
Booker GroupMarch 05, 2018£3.70 b
GiraffeMarch 13, 2013£48.60 m
Mobcast ServicesSeptember 03, 2012
WE7June 15, 2012£10.80 m
OC FORUM Liberec, Ltd.September 25, 2011
BlinxBoxApril 20, 2011
dunnuhumbyDecember 01, 2010
HomeplusMay 14, 2008
Hymall Co., Ltd.July 16, 2004$260 m
HIT hypermarket Sp. z o. o.July 02, 2002
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Tesco Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Tesco Revenue Breakdown

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Tesco revenue breakdown by business segment: 8.6% from Central Europe, 8.1% from Asia, 81.7% from UK & ROI and 1.6% from Other

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Tesco Online and Social Media Presence

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Tesco News and Updates

Tesco boss warns against panic buying after new virus restrictions

Tesco chief executive Dave Lewis has said there is no need for customers to be panic buying groceries, following new The post Tesco boss warns against panic buying after new virus restrictions appeared first on CityAM.

Tesco to Offer Up to 50% Off in Bid to Keep Clubcard Shoppers

Tesco to Offer Up to 50% Off in Bid to Keep Clubcard Shoppers

Tesco stores to hold extra food collections

A chain supermarket will be holding an extra summer food collection to support the Trussell Trust and FareShare as they respond to an increased demand for food in the wake of the coronavirus pandemic

Tesco Ireland Completes €2.7m Expansion Of Swords Airside Store

Tesco Ireland has announced that it has completed the €2.7 million expansion of its Swords Airside Retail Park store. The new store will include a F&F clothing range, as well as a new dedicated Tesco Mobile phone-shop.

Tesco to offer free grocery delivery in Amazon challenge

U.K.-based retailer Tesco PLC will offer free grocery delivery in a bid to head off Amazon.com's attempt to break into the British online grocery market, according to the Telegraph. Tesco Chief Executive Dave Lewis told the Telegraph the company will offer the service to its Clubcard Plus subscri…

Primark, Tesco and other retailers partner with government on new supply chain fund

Some of the UK’s largest retailers have partnered with the government to help launch a fund designed to protect supply chains and support international workers.
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Tesco Frequently Asked Questions

  • When was Tesco founded?

    Tesco was founded in 1919.

  • Who are Tesco key executives?

    Tesco's key executives are Dave Lewis, Alan Stewart and Natasha Adams.

  • How many employees does Tesco have?

    Tesco has 293,963 employees.

  • What is Tesco revenue?

    Latest Tesco annual revenue is £64.8 b.

  • What is Tesco revenue per employee?

    Latest Tesco revenue per employee is £220.3 k.

  • Who are Tesco competitors?

    Competitors of Tesco include Sainsbury's, Carrefour and Safeway.

  • Where is Tesco headquarters?

    Tesco headquarters is located at Tesco House, Shire Park, Kestrel Way, Welwyn Garden City.

  • Where are Tesco offices?

    Tesco has offices in Welwyn Garden City, Dundee, Praha, Budaörs and in 6 other locations.

  • How many offices does Tesco have?

    Tesco has 10 offices.