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 2021)405,506
Job Openings1,147
Revenue (FY, 2020)£64.8 B(+2%)
Share Price (Jul 2021)£2.3
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
Show all (10)

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 (22-Jul-2021)

17.9b

Closing stock price (22-Jul-2021)

2.3

Cash (29-Feb-2020)

3.4b

EV

31.6b
Tesco's current market capitalization is £17.9 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)

252252252252252252

Stores (Superstore, UK)

478478479480480480

Stores (Metro, UK)

177176176176172172
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Tesco Acquisitions / Subsidiaries

Company NameDateDeal Size
Booker GroupMarch 05, 2018£3.7 b
GiraffeMarch 13, 2013£48.6 m
Mobcast ServicesSeptember 03, 2012
WE7June 15, 2012£10.8 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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Tesco Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Tesco Online and Social Media Presence

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Tesco News and Updates

Tesco Calls on U.K.’s Sunak to Introduce Higher Online Sales Tax

Tesco Calls on U.K.’s Sunak to Introduce Higher Online Sales Tax

British Land appoints new chief financial officer from Tesco

London-based retail landlord British Land has made Bhavesh Mistry its new chief financial officer. Mistry is expected to join British The post British Land appoints new chief financial officer from Tesco appeared first on CityAM.

Tesco adds £1bn in online sales over Christmas period

Tesco added an extra £1bn in online sales in the run-up to Christmas as new lockdown measures accelerated the shift The post Tesco adds £1bn in online sales as customers splash out over Christmas period appeared first on CityAM.

The week ahead, 11-15 January: FTSE housebuilders, Asos, Tesco and UK GDP

London’s markets started the new year in a frenzy last week, picking up over five per cent and closing the The post The week ahead, 11-15 January: FTSE housebuilders, Asos, Tesco and UK GDP appeared first on CityAM.

Former Tesco chief Dave Lewis amongst New Year's Honours

Former Tesco boss Dave Lewis has been knighted in the New Year’s Honours List, alongside a number of business figures The post Former Tesco chief Dave Lewis amongst New Year's Honours appeared first on CityAM.

Trigo raises $60 million from 83North, Tesco and others for its ‘smart checkout’ solutions

Tel Aviv-based Trigo, which develops store checkout technology that aims to rival Amazon Go, has raised a $60 million Series B funding round led by 83North, bringing its total funding to $94 million. Existing investors joined the fresh financing round, including Tesco, Vertex Ventures Israel, Hetz V…
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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 405,506 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 £159.7 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.