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 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 (26-Jun-2017)

6.5 b

Closing share price (26-Jun-2017)


Cash (27-Feb-2016)

3.1 b
Tesco's current market capitalization is £6.5 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

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

Tesco Online and Social Media Presence

Tesco News and Updates

Tesco Company Life and Culture

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