Tesco

LON:TSCO: Stock Share Price & Live Data

241.90 GBX
-2.70 (-1.10%)
2020-01-22 16:39:24 GMT
Price open 244.20
Close yesterday 244.60
Market cap 93.23B
Volume 13.50M
Day high 246.30
Day low 241.10
Year high 260.40
Year low 210.70

About Tesco

Founded in 1919 by Jack Cohen, Tesco is a British multinational that operates as a grocery retailer. It is one of the largest retailers in the world by the sheer size of gross revenues generated annually. The company has retail outlets in eleven countries spread across Asia and Europe.

The company has its headquarters in Welwyn Garden City, Hertfordshire, England. Some of the countries where Tesco has established its footprint include the Republic of Ireland, Czech Republic, Hungary, and Malaysia. Tesco pulled out of the U.S. market in 2013.

Tesco has diversified its area of operations since inception by expanding its footprint into the business of selling books, clothing as well as electronics and furniture, among others. In addition to operating as a retailer, Tesco also provides retail, banking, and insurance services.

Tesco is only listed on the London Stock Exchange. Given its market cap of more than £10 billion, it is one of the constituents of the FTSE 100 Index.

Latest Tesco News

China rejects forced labor allegations calling it a farce by former British journalist Peter Humphrey

The Sunday Times reported on Monday that the British multinational groceries and general merchandise retailer, Tesco, has suspended business with China’s Zhejiang after a little girl found a message in one of the Christmas cards that read: “We are foreign prisoners in Shanghai Qingpu Prison China. Forced to work against our will”. Zhejian...

Tesco to sell its Malaysian and Thai businesses following a bid from a unanimous buyer

British multinational groceries and general merchandise retailer, Tesco, had started a recovery plan following an accounting scandal in 2014. As part of the plan, the supermarket chain had started to pull out of the international markets. Extending on its recovery plan, Tesco announced in a statement on Sunday that it is considering selli...

Sainsbury’s Sales Growth Outperformed The Rivals By A Significant Margin

According to a recent report by Kantar, one of the most widely known data insights and consulting company, in 12 weeks to October 6th, 2019, Sainsbury’s has come out as the star performer in the league of supermarkets (big four). The research firm has reported the sales growth for Sainsbury’s to have outperformed the other three supermark...

FTSE 100 Index – An Overview Of The Financial Events On Thursday

With only hours to go before the trade negotiations begin between the United States of America and China, the global financial markets have started being active in showing response. FTSE 100 index has been reported to have opened at 7,166.50. Only minutes following the day open, the market rallied up to 7,178.19. This hike was almost imme...

Sir John Kingman To Be Appointed Chairman At Tesco Bank

The ever so famous Tesco Bank, based in Edinburgh, has been on a lookout for a suitable talent to take on the role of a chairman. According to the latest report, however, the hunt has finally come to an end with Sir John Kingman, who had previously played a pivotal role as an ex-Treasury official in pulling Britain’s banks out of a crisis...

Tesco share price: Grocer to post interims next week

Tesco (LON:TSCO) is scheduled to update investors on its half-year performance next week. The results will follow the latest Kantar Worldpanel data which recently pointed to a fall in the blue-chip supermarket’s UK grocery sales. Tesco’s share price has climbed higher in London in today’s session, having added 0.83 percent to 242.90p as o...

Overview

Name
Tesco PLC
Exchange
London Stock Exchange
Last trade time
2020-01-22 16:39:24
Earnings per share
0.13
Price/earnings
18.06

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