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
Company Growth (employees)
Welwyn Garden City, GB
Size (employees)
464,520 (est)-3%
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 Data and Metrics

Tesco Financial Metrics

Tesco's revenue was reported to be £54.4 b in FY, 2016 which is a 13% decrease from the previous period.

Revenue (FY, 2016)

54.4 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

2.9 b

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

216 m

Market capitalization (24-Jul-2017)

14.1 b

Closing share price (24-Jul-2017)


Cash (27-Feb-2016)

3.1 b
Tesco's current market capitalization is £14.1 b.
GBPFY, 2014FY, 2015FY, 2016


63.6 b62.3 b54.4 b

Revenue growth, %


Cost of goods sold

59.5 b64.4 b51.6 b

Gross profit

4 b(2.1 b)2.9 b

Gross profit Margin, %


Operating expense total

1.4 b3.7 b1.8 b

Pre tax profit

2.3 b(6.4 b)162 m

Net Income

1.9 b(5.7 b)216 m
GBPFY, 2014FY, 2015FY, 2016


2.5 b2.2 b3.1 b

Accounts Receivable

183 m614 m

Current Assets

15.6 b12 b14.4 b


30.8 b28.5 b26.6 b


3.8 b3.8 b2.9 b

Total Assets

50.2 b44.2 b43.9 b

Accounts Payable

5.8 b5.1 b4.5 b

Current Liabilities

21.4 b19.8 b19.7 b

Total Liabilities

35.4 b37.1 b35.3 b

Retained Earnings

(219 m)(6.7 b)138 m

Total Equity

14.7 b7.1 b8.6 b

Financial Leverage

3.4 x6.3 x5.1 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

3.2 b484 m2.1 b

Cash From Financing Activities

56 m814 m(604 m)

Income Taxes Paid

(347 m)657 m54 m
GBPY, 2016


107.4 k

Financial Leverage

5.1 x

Tesco Market Value History

Traffic Overview of Tesco

Tesco Online and Social Media Presence

Tesco News and Updates

Tesco CEO Dave Lewis gets a £2.3 million bonus — but its less than last year

LONDON — The CEO of Tesco saw his total pay package fall be £500,000 last year, with sales not quite strong enough for him to earn his full bonus. Dave Lewis' total remuneration for 2016/17 was £4.1 million, compared to £4.6 million in 2015/16. The figures are disclosed in T…

Now you can do your Tesco shopping via Google Home's voice assistant

Now you can shop at Tesco just by using your voice, after the supermarket unveiled integration with Google Home. Owners of the smart speaker, which incorporates a voice assistant, can ask it to add things like eggs or coffee to a shopping basket.  The supermarket's tech lab has created an IFTT…

Tesco's recovery plan is ahead of schedule

LONDON — Tesco's delivered a strong set of full-year results on Wednesday, hoping to reassure investors that it is in good enough shape to deal with the £3.7 billion ($4.6 billion) takeover of Booker. Tesco reported for 2016/17: Group profit before exceptionals of £1.28 bil…

Tesco faces a key test of its £3.7 billion Booker takeover this week

LONDON — Tesco faces a crucial test this week when it delivers full-year result on Wednesday. The supermarket chain's planned merger with food wholesaler Booker is facing pressure from two key shareholders and Bernstein's retail analyst Bruno Monteyne says "results need to i…

Bernstein: We spoke to Tesco's investors about the Booker merger — here's what they said

LONDON — Analysts at Bernstein have been surveying investors to get their take on Tesco's planned mega-merger with wholesale food retailer Booker, following some high-profile objections from Tesco investors. Bernstein's Bruno Monteyne, who was a Tesco executive before becomi…

Another City investment heavyweight is attacking Tesco's mega-merger with Booker

LONDON — Hermes Fund Managers criticised Tesco's planned £3.7 billion ($4.6 billion) mega-merger with wholesaler Booker, less than a week after two of Tesco's biggest shareholders also attacked the deal. Saker Nusseibeh, CEO of Hermes, told The Times: "My worry is this puts …
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Tesco Company Life and Culture

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