TSCDY - Tesco PLC

Other OTC - Other OTC Delayed price. Currency in USD
8.87
+0.30 (+3.50%)
At close: 3:58PM EDT
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Previous close8.57
Open8.83
Bid0.00 x 0
Ask0.00 x 0
Day's range8.82 - 8.93
52-week range7.06 - 10.42
Volume329,670
Avg. volume1,146,212
Market cap29.71B
Beta (3Y monthly)0.67
PE ratio (TTM)20.11
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield0.32 (3.72%)
Ex-dividend date2019-05-16
1y target estN/A
Trade prices are not sourced from all markets
  • Britain's Tesco targets further margin improvement
    Reuters11 hours ago

    Britain's Tesco targets further margin improvement

    Tesco, Britain's biggest retailer, is targeting expansion of its profit margin beyond that of an existing multi-year recovery plan, it said on Tuesday. Celebrating its 100th anniversary, the group is deep into a turnaround programme under Chief Executive Dave Lewis after a 2014 accounting scandal capped a dramatic downturn in its fortunes. At a Capital Markets Day (CMD) presentation to analysts and investors, Tesco also said its priority for allocating capital was reinvesting in the business, maintaining its debt ratios and growing its dividend.

  • Reuters - UK Focus13 hours ago

    UPDATE 2-Britain's Tesco targets further margin improvement

    Tesco, Britain's biggest retailer, is targeting expansion of its profit margin beyond that of an existing multi-year recovery plan, it said on Tuesday. Celebrating its 100th anniversary, the group is deep into a turnaround programme under Chief Executive Dave Lewis after a 2014 accounting scandal capped a dramatic downturn in its fortunes. At a Capital Markets Day (CMD) presentation to analysts and investors, Tesco also said its priority for allocating capital was reinvesting in the business, maintaining its debt ratios and growing its dividend.

  • Tesco targets further margin improvement
    Reuters14 hours ago

    Tesco targets further margin improvement

    Tesco, Britain's biggest retailer, is targeting expansion of its profit margin beyond that of an existing multi-year recovery plan, it said on Tuesday. Celebrating its 100th anniversary, the group is deep into a turnaround programme under Chief Executive Dave Lewis after a 2014 accounting scandal capped a dramatic downturn in its fortunes. At a Capital Markets Day (CMD) presentation to analysts and investors, Tesco also said its priority for allocating capital was reinvesting in the business, maintaining its debt ratios and growing its dividend.

  • Reuters - UK Focus15 hours ago

    Britain's Tesco sees opportunities for further margin improvement

    Tesco, Britain's biggest retailer, sees opportunities to raise its margins beyond the end of its current recovery plan, it said on Tuesday. In April the group reported a 34% rise in full-year operating profit and said it had met or was about to meet the vast majority of its turnaround goals - including a key margin target of earning between 3.5 and 4 pence of operating profit for every pound customers spend by the end of its 2019-20 financial year. Tesco also said it would be able to enhance cash growth ahead of profit.

  • Reuters - UK Focus15 hours ago

    UPDATE 2-FTSE 100 enjoys best day in 4 months after Draghi's "appetizer"

    London's main stock index recorded its best one-day gain in more than four months on Tuesday as a promise of more stimulus if required from European Central Bank (ECB) chief Mario Draghi lifted UK shares across sectors. The FTSE 100 index ended 1.2% higher, after having earlier touched levels not seen in two months, and the FTSE 250 midcap index added 0.8% after Draghi said the central bank would need to ease policy again if inflation did not head back to its target. The ECB's comments came in the midst of a two-day meeting of the U.S. Federal Reserve that money market pricing shows should clear the way to a cut in interest rates by the central bank next month.

  • Forget Tesco shares. I’d buy this FTSE 100 dividend stock yielding 4.5%
    Fool.co.uk4 days ago

    Forget Tesco shares. I’d buy this FTSE 100 dividend stock yielding 4.5%

    Tesco plc (LON: TSCO) shares offer little appeal now, says Edward Sheldon. But he does like the look of this under-the-radar FTSE 100 (INDEXFTSE: UKX) dividend stock.

  • If You Like EPS Growth Then Check Out Tesco (LON:TSCO) Before It's Too Late
    Simply Wall St.4 days ago

    If You Like EPS Growth Then Check Out Tesco (LON:TSCO) Before It's Too Late

    Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

  • Tesco warns October Brexit much more problematic than March
    Reuters5 days ago

    Tesco warns October Brexit much more problematic than March

    Tesco, Britain's biggest retailer, has warned that getting ready for a possible disorderly no-deal Brexit in October would be far more problematic than preparations it made for the original planned departure date in March. Britain had been due to leave the European Union on March 29, but Prime Minister Theresa May was unable to get her divorce deal ratified by parliament and the date is now set for Oct. 31. When Brexit did not happen the retailer sold that stock through and it currently does not have any additional stock.

  • Tesco has no plans to exit central Europe: chairman
    Reuters5 days ago

    Tesco has no plans to exit central Europe: chairman

    British retailer Tesco has no plans to exit its central European operations, Chairman John Allan said on Thursday. At Tesco's annual shareholder meeting an investor asked if the group would still own central European operations by December 2020. "I've been taught never say never because things may change but at the moment we have no plans that the board has discussed or approved to exit central Europe," he said at the meeting held at Tesco's headquarters in Welwyn, north of London, which was webcast.

  • Reuters - UK Focus5 days ago

    Tesco has no plans to exit central Europe - chairman

    British retailer Tesco has no plans to exit its central European operations, Chairman John Allan said on Thursday. At Tesco's annual shareholder meeting an investor asked if the group would still own central European operations by December 2020. "I've been taught never say never because things may change but at the moment we have no plans that the board has discussed or approved to exit central Europe," he said at the meeting held at Tesco's headquarters in Welwyn, north of London, which was webcast.

  • Amazon's Assault on Britain Has Gone Up a Notch
    Bloomberg5 days ago

    Amazon's Assault on Britain Has Gone Up a Notch

    (Bloomberg Opinion) -- The changing nature of food retailing was laid bare on Thursday with lower-than-expected U.K. sales growth at Tesco Plc and Amazon.com Inc. expanding its partnership with the smaller British chain Wm Morrison Supermarkets Plc.Amazon’s agreement with Morrisons, while still fairly small right now, shows the ambitions of the online giant toward the U.K., already one of the world’s most competitive retail sectors. That will strike fear into the hearts of supermarket behemoths such as Tesco, Britain’s grocery leader. Tesco has been trying to bolster its defenses, and a slowdown in growth in the three months to May 25 shouldn’t be too surprising. All retailers face extremely difficult comparisons with the same period last year, when Britain was basking in sunny weather and enjoying a royal wedding. The company’s CEO, Dave Lewis, remains on course to hit his target for an operating margin of 3.5% to 4% by February next year.Still, the first-quarter slowdown doesn’t exactly inspire confidence about what happens once that margin target is reached. The company updates the City next week on how it can find ways to bolster sales and profit. It’s staying tight-lipped for now, but making more of its use of customer data — including through its Clubcard loyalty scheme — might be on the agenda. Lewis has talked before about developing the property around its stores. That could become a bigger part of cash flow, too.Tesco could also work more closely with Booker Group Ltd., a recently acquired food wholesaler. It’s experimenting already with putting cash-and-carry outlets in Tesco stores and introducing dedicated bulk-buy areas, with one eye on becoming Britain’s answer to America’s Costco Wholesale Corp. Wisely, it has also set up a purchasing alliance with Carrefour SA, the French supermarket chain.But as the quarter showed, life isn’t getting any easier for Tesco. Aldi and Lidl, the cutthroat German discount grocers, are still powering ahead in Britain, putting enormous pressure on the traditional giants.That makes Amazon’s advances all the more fraught. Morrisons, the U.K.’s fourth-biggest supermarket group, said on Thursday that it was expanding its super-fast grocery delivery service for Amazon customers. Nine regions in England and Scotland will now offer this, up from four. The aim is for nationwide coverage.The rapid roll-out of the Amazon partnership has been facilitated by another smart move by Morrisons chief executive David Potts, who started his supermarket career on the shop floor. He has negotiated an end to his company’s exclusive relationship with Ocado Group Plc, the specialist online grocer. That has opened the door to closer ties with Amazon.Beset by price-slashing German rivals on one side and savvy online operators on the other, Tesco and its ilk are going to have to work hard to keep food in their investors’ mouths.To contact the author of this story: Andrea Felsted at afelsted@bloomberg.netTo contact the editor responsible for this story: James Boxell at jboxell@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Andrea Felsted is a Bloomberg Opinion columnist covering the consumer and retail industries. She previously worked at the Financial Times.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • Reuters - UK Focus5 days ago

    UPDATE 2-UK-focused shares dip as no-deal Brexit scenario re-emerges

    Britain's mid-cap index slipped on Thursday as Boris Johnson, a prominent Brexiteer, emerged as the clear favourite to succeed Theresa May as Prime Minister after the first round of a ballot of Conservative lawmakers. The FTSE 250 fell 0.4%, its worst day in more than a week.

  • Reuters - UK Focus5 days ago

    UPDATE 1-Amazon and Morrisons extend same-day food delivery to more UK cities

    U.S. online retailer Amazon and British supermarket group Morrisons are extending their "Morrisons at Amazon" same-day online grocery delivery service to more cities across Britain. The service, currently available to Amazon's Prime Now customers in Leeds, Manchester, Birmingham and parts of London, will be rolled out to Glasgow, Newcastle, Liverpool, Sheffield and Portsmouth this year, the companies said on Thursday.

  • Tesco CEO not ready to check out in tough UK retail climate
    Reuters5 days ago

    Tesco CEO not ready to check out in tough UK retail climate

    The boss of Tesco said he had unfinished business at Britain's biggest retailer after its quarterly sales growth slowed in a subdued grocery market under a cloud from poor early summer weather. Celebrating its 100th anniversary, Tesco is deep into a recovery plan under Chief Executive Dave Lewis after a 2014 accounting scandal capped a dramatic downturn in its fortunes. "I'm aware of all the chatter," he told reporters after Tesco published a first quarter trading update before its annual shareholders' meeting.

  • Reuters - UK Focus5 days ago

    UPDATE 3-Tesco CEO not ready to check out in tough UK retail climate

    The boss of Tesco said he had unfinished business at Britain's biggest retailer after its quarterly sales growth slowed in a subdued grocery market under a cloud from poor early summer weather. Celebrating its 100th anniversary, Tesco is deep into a recovery plan under Chief Executive Dave Lewis after a 2014 accounting scandal capped a dramatic downturn in its fortunes.

  • Never mind Tesco, is the Sainsbury’s share price the one to buy now?
    Fool.co.uk7 days ago

    Never mind Tesco, is the Sainsbury’s share price the one to buy now?

    Some investors are eyeing up Tesco plc (LON: TSCO) and J Sainsbury plc (LON: SBRY) as attractive investments now. I'm not so sure.

  • Reuters - UK Focus8 days ago

    Britain's Tesco to raise store staff wages by 10.45% over two years

    Tesco, Britain's biggest retailer, said on Monday it will implement a 10.45% pay rise for store and distribution centre staff by October 2020, though they will lose an annual bonus. The group, which with a staff of 300,000 is also Britain's largest private sector employer, said hourly-paid store and Customer Fulfilment Centre (CFC) staff will see their hourly rate increase to 9.30 pounds ($11.78). Tesco said the increase will be implemented in two stages - from Sept. 1 this year pay will increase by 6.9% to 9.00 pounds then on Oct. 4 2020 pay will increase again by 3.3% to 9.30 pounds.

  • The Tesco share price dip looks like a buying opportunity to me
    Fool.co.uk9 days ago

    The Tesco share price dip looks like a buying opportunity to me

    Harvey Jones says Tesco plc (LON: TSCO) has slipped, but that might just work in your favour.

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