TSCO.L - Tesco PLC

LSE - LSE Delayed price. Currency in GBp
214.80
+3.20 (+1.51%)
At close: 4:35PM BST
Stock chart is not supported by your current browser
Previous close211.60
Open210.50
Bid214.80 x 0
Ask214.90 x 0
Day's range210.50 - 215.60
52-week range203.70 - 332.67
Volume19,287,440
Avg. volume28,898,690
Market cap21.036B
Beta (5Y monthly)0.38
PE ratio (TTM)21.70
EPS (TTM)9.90
Earnings date07 Oct 2020
Forward dividend & yield0.09 (4.32%)
Ex-dividend date21 May 2020
1y target est269.93
  • Investing your first £2K? I’d buy these 2 FTSE 100 shares today
    Fool.co.uk

    Investing your first £2K? I’d buy these 2 FTSE 100 shares today

    These two FTSE 100 shares may offer the perfect blend of income and growth for investors looking for their first stocks to buy. The post Investing your first £2K? I’d buy these 2 FTSE 100 shares today appeared first on The Motley Fool UK.

  • Best stocks to buy now during one of the worst earnings seasons
    Fool.co.uk

    Best stocks to buy now during one of the worst earnings seasons

    Corporate earnings have been falling rapidly for two quarters already. What are the best companies to buy now? Anna Sokolidou tries to find out.The post Best stocks to buy now during one of the worst earnings seasons appeared first on The Motley Fool UK.

  • Could a supermarket price war mean trouble ahead for these share prices?
    Fool.co.uk

    Could a supermarket price war mean trouble ahead for these share prices?

    Could the share prices of the listed supermarkets plummet if there’s a new price war and what about their suppliers? The post Could a supermarket price war mean trouble ahead for these share prices? appeared first on The Motley Fool UK.

  • Coronavirus: Supermarket price war as unemployment rises
    Yahoo Finance UK

    Coronavirus: Supermarket price war as unemployment rises

    Supermarkets continue to cut prices in a bid to win market share from discounters Aldi and Lidl.

  • Tesco demands supplier price cuts by July 10 - source
    Reuters

    Tesco demands supplier price cuts by July 10 - source

    Tesco <TSCO.L>, Britain's biggest supermarket group, has given suppliers until July 10 to agree price reductions as it prepares to step-up its price battle with discounters Aldi and Lidl, an industry source told Reuters. The source said the move by Tesco forms part of its shift to a so-called everyday low pricing (EDLP) strategy, which will see it use fewer promotions. The July 10 deadline was first reported by industry publication The Grocer, which said a raft of suppliers had told it they faced huge pressure from Tesco to lower their prices, and had raised concerns over the timescale of the demands.

  • £1k to invest in July? I’d buy Tesco shares
    Fool.co.uk

    £1k to invest in July? I’d buy Tesco shares

    G A Chester discusses what he likes about the UK's biggest supermarket, and why he believes Tesco shares offer great value today.The post £1k to invest in July? I'd buy Tesco shares appeared first on The Motley Fool UK.

  • A meal deal will cost you at least £300 worth of supermarket loyalty points
    Yahoo Finance UK

    A meal deal will cost you at least £300 worth of supermarket loyalty points

    Loyalty schemes can provide good offers, but you’ll need to spend an eye-watering amount before you get a free item.

  • Sainsbury's warns of £500m COVID-19 hit as grocery sales jump 10%
    Yahoo Finance UK

    Sainsbury's warns of £500m COVID-19 hit as grocery sales jump 10%

    Sainsbury’s has hired 25,000 new workers since the crisis struck and has installed 40,000 plexiglass screens in its shops to protect staff and workers,

  • Here are three stocks that might do well in a recession and bear market
    Fool.co.uk

    Here are three stocks that might do well in a recession and bear market

    If we are facing a prolonged recession the markets might turn bearish. Here are James J. McCombie's top three picks for stocks that might do better than most in a bear market.The post Here are three stocks that might do well in a recession and bear market appeared first on The Motley Fool UK.

  • £3k to invest? I’d buy Tesco shares in an ISA to retire early
    Fool.co.uk

    £3k to invest? I’d buy Tesco shares in an ISA to retire early

    Tesco shares are beating the market this year and also offer an attractive income, says Roland Head. He explains why this retailer is on his shopping list.The post £3k to invest? I'd buy Tesco shares in an ISA to retire early appeared first on The Motley Fool UK.

  • Tesco shareholders vote down £6.4m CEO departure package
    Yahoo Finance UK

    Tesco shareholders vote down £6.4m CEO departure package

    Majority of investors vote against multi-million bonus for Tesco saviour Dave Lewis.

  • Tesco share price: Is it likely to rise enough to be a good buy for me?
    Fool.co.uk

    Tesco share price: Is it likely to rise enough to be a good buy for me?

    The Tesco share price has been resilient through the stock market crash. But is it a good enough growth investment after its robust sales update?The post Tesco share price: Is it likely to rise enough to be a good buy for me? appeared first on The Motley Fool UK.

  • Tesco rebuked as shareholders vote down directors' pay report
    Reuters

    Tesco rebuked as shareholders vote down directors' pay report

    Shareholders decisively voted down Tesco's remuneration report on Friday, as Britain's largest retailer joined a growing list of big companies to be rebuked over executive pay. Supermarket group Tesco <TSCO.L> said 67.3% of votes cast at its annual general meeting (AGM) were against the resolution to approve the pay report, with only 32.7% in favour. Several investor advisory groups had recommended shareholders vote against the report ahead of the meeting.

  • £1k to invest? I’d buy the Tesco share price today
    Fool.co.uk

    £1k to invest? I’d buy the Tesco share price today

    The Tesco share price has held firm during the stock market crash. Today, it looks tempting, whether you have £1,000 to invest, or any other sum.The post £1k to invest? I'd buy the Tesco share price today appeared first on The Motley Fool UK.

  • Tesco customers do fewer but bigger shops as sales rise
    Yahoo Finance UK

    Tesco customers do fewer but bigger shops as sales rise

    Shopping frequency fell by 32% in the 13 weeks to 30 May, Tesco said in Friday, but basket size jumped by 64%.

  • Britain's lockdown drives Tesco's sales and costs higher
    Reuters

    Britain's lockdown drives Tesco's sales and costs higher

    Tesco <TSCO.L>, Britain's biggest retailer, saw underlying UK sales rise 8.7% in its first quarter to May 30, boosted by the coronavirus lockdown, but reiterated a flat profit outlook due to the costs of the crisis. The supermarket group cautioned costs would be at the upper end of previous guidance and also said it had increased Tesco Bank's provision for potential bad debts, forecasting the division would make a loss of up to 200 million pounds in 2020-21. Shares in Tesco, which has a 27% share of Britain's grocery market, were up 1% at 0800 GMT, paring 2020 losses to 11%.

  • Walgreens Can Do Without British Chemist Boots
    Bloomberg

    Walgreens Can Do Without British Chemist Boots

    (Bloomberg Opinion) -- The colossal buyout of Walgreens Boots Alliance Inc. mooted last year may now look like a fantasy. But the pandemic will create opportunities for Chief Executive Officer Stefano Pessina to do preparatory dealmaking that would make it easier to take the drugstore group private. One option for the Italian billionaire could be to remove the company’s middle name by selling the historic Boots business in the U.K.Attention has recently focused on whether the owner of Walgreens and Duane Reade pharmacies could offload its pharmaceuticals wholesale arm. Drug distribution company AmerisourceBergen Corp. approached it about buying the unit for $6 billion, Reuters reported in May. Coincidentally, Walgreens has a 28% stake in AmerisourceBergen that could be worth a similar amount.But Pessina is unlikely to want to part with the division, which mainly operates under the Alliance Healthcare brand. It’s where he began building his empire more than four decades ago. Whereas Boots, the British high-street retailer that began life selling herbal remedies in Nottingham in 1849, didn’t become part of his company until 2006. That makes the chain, with about 2,500 stores in the U.K., a plausible alternative.True, Boots’s sales and profits have declined over the past three years as it grappled with online competition. But it was one of the few retailers allowed to continue operating in Britain during the pandemic. With the Covid-19 crisis expected to spark a surge in spending on health, a buyer might see some turnaround potential in the asset now.That may help Pessina get a decent valuation for the division, which generates two-thirds of its sales from non-prescription health-care and beauty products. According to the most recent accounts available, Boots U.K. had 6.7 billion pounds ($8.3 billion) of revenue in the year to August 2019. Ebitda fell from 572 million pounds in 2018 to 391 million pounds in 2019, hurt by a 70 million-pound increase in costs from a plan to close 200 stores.Given Boots is a largely defensive brick-and-mortar retailer, a useful valuation benchmark would be the U.K. supermarkets, which are valued at between five and eight times their estimated yearly Ebitda. The extent of Boots’s exposure to higher-margin beauty and personal-care items argues for a top-end valuation. That would imply an enterprise value of about 4.2 billion pounds ($5.2 billion), assuming the business can generate annual Ebitda of about 500 million pounds, with another 30 million pounds from its optician services.Boots also operates stores in Ireland, Norway, the Netherlands and Thailand, and it owns 49% of a hearing-care joint venture with Sonova Holding AG. So depending what is included, the exit price may be higher. The question is who might want to buy Boots. A.S. Watson Holdings Ltd., owner of the British Superdrug chain, would be the obvious acquirer, but a combination of the two would likely be prohibited on competition grounds. The same goes for the U.K. supermarkets, even though Tesco Plc has the scale and its incoming CEO Ken Murphy has been a Walgreens lifer.Maybe private equity would be interested in a second go. In 2007, a year after merging his Alliance Unichem chain with Boots, Pessina took the group private with KKR in a $14 billion deal, then Europe’s biggest-ever buyout. This time, an acquirer would need to believe in the opportunity to tap into demand from consumers prioritizing their health and be willing to invest in modernizing Boots’s stores and reinforcing its online offering.Of course, a sale of Boots would be small compared to a transaction encompassing Walgreens as a whole. But it may be the best deal available to Pessina right now, one that could set the stage for even bigger things another day.This 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/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

  • Tesco shares – are they a great buy for value investors right now?
    Fool.co.uk

    Tesco shares – are they a great buy for value investors right now?

    Tesco is considered to be a safe-haven company. Is it true and is its stock worth buying? Anna Sokolidou tries to find out.The post Tesco shares - are they a great buy for value investors right now? appeared first on The Motley Fool UK.

  • £1k to invest in an ISA? 3 dividend-paying stocks I’d buy to get rich and retire early
    Fool.co.uk

    £1k to invest in an ISA? 3 dividend-paying stocks I’d buy to get rich and retire early

    Investors can still make a lot of money from dividend-paying stocks and here are the three shares that I’d add to my ISA now. The post £1k to invest in an ISA? 3 dividend-paying stocks I’d buy to get rich and retire early appeared first on The Motley Fool UK.

  • Coronavirus: Surge in Ocado sales pushes online juggernaut’s market share to new high
    Yahoo Finance UK

    Coronavirus: Surge in Ocado sales pushes online juggernaut’s market share to new high

    A surge in sales at Ocado pushed the online supermarket’s market share to its highest-ever level over the past 12 weeks.

  • Brokers upbeat on Tesco despite economic uncertainty
    Stockopedia

    Brokers upbeat on Tesco despite economic uncertainty

    The Tesco (LON:TSCO) share price has risen by 2.55% over the past month and it’s currently trading at 230.4. For investors considering whether to buy, hold or...

  • I think these are 2 of FTSE 100’s best UK shares to buy after the stock market crash
    Fool.co.uk

    I think these are 2 of FTSE 100’s best UK shares to buy after the stock market crash

    I think these two quality FTSE 100 companies are among the best UK shares to buy as a result of the major sell-off in equities. The post I think these are 2 of FTSE 100’s best UK shares to buy after the stock market crash appeared first on The Motley Fool UK.

  • Tesco to sell Polish business for £181m
    Yahoo Finance UK

    Tesco to sell Polish business for £181m

    The all-cash deal, which covers 301 stores, is expected to close by the end of this financial year.

  • Another market crash? I’d buy defensive FTSE 100 shares in my ISA
    Fool.co.uk

    Another market crash? I’d buy defensive FTSE 100 shares in my ISA

    I believe defensive FTSE 100 (INDEXFTSE:UKX) shares could be a smart way to protect retirement portfolios from any future market crashes or economic troubles.The post Another market crash? I'd buy defensive FTSE 100 shares in my ISA appeared first on The Motley Fool UK.

  • Forget the Cash ISA! I’d buy Tesco shares to get rich
    Fool.co.uk

    Forget the Cash ISA! I’d buy Tesco shares to get rich

    With interest rates at rock bottom levels, Tesco shares could provide a much better return than cash over the long run argues this Fool. The post Forget the Cash ISA! I'd buy Tesco shares to get rich appeared first on The Motley Fool UK.

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