Our business was built with a simple mission – to be the champion for customers, helping them to enjoy a better quality of life and an easier way of living. This hasn’t changed. Customers want great products at great value which they can buy easily and it’s our job to deliver this in the right way for them. That’s why we’ve chosen ‘Serving Britain’s shoppers a little better every day’ as our new core purpose. As a business, serving customers is at the heart of everything we do – from colleagues in our stores to those of us in supporting roles. In the UK, we serve some 66 shoppers every second, so it’s our goal to ensure every one of those customers experiences just a little better service on each visit. Our Values are: • No one tries harder for customers • We treat people how they want to be treated • We use our scale for good
Welwyn Garden City, GB
Size (employees)
482,152 (est)-4%
Tesco was founded in 1919 and is headquartered in Welwyn Garden City, GB

Key People at Tesco

Matt Atkinson

Matt Atkinson

Chief Marketing Officer
Mark Armour

Mark Armour

Non-Executive Director
Richard Broadbent

Richard Broadbent

Non-executive Chairman of the Board
Chris Bush

Chris Bush

Managing Director - UK

Tesco Office Locations

Tesco has an office in Welwyn Garden City
Welwyn Garden City, GB (HQ)
Kestrel Way

Tesco Metrics

Tesco Financial Metrics

Revenue (2016)

£54.4 b

Revenue growth (2015-16), %


Gross profit

£2.9 b

Gross profit margin (2016), %


Market capitalization (22-Mar-2017)

£15.3 b

Closing share price (22-Mar-2017)

Tesco's current market capitalization is £15.3 b.
Tesco's revenue was reported to be £54.4 b in FY, 2016 which is a 12.6% decrease from the previous period.
FY, 2014FY, 2015FY, 2016


£63.6 b£62.3 b£54.4 b

Revenue growth, %


Cost of goods sold

£59.5 b£64.4 b£51.6 b

Gross profit

£4 b(£2.1 b)£2.9 b

Gross profit Margin, %


Operating expense total

£1.4 b£3.7 b£1.8 b

Tesco Market Value History

Tesco Online Presence

Tesco News

Tesco Company Life

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