Tesco posted positive but slowing like-for-like growth over Q3 and Christmas, missing consensus as Booker lagged. Market share rose in the UK and ROI, but fragile demand and fierce competition temper the outlook despite guidance maintained at the upper end.
Tesco PLC is the leading English distribution group. Net sales (not including sold divisions) (not including sold divisions) break down by activity as follows:
- distribution in the United Kingdom and Ireland (93.8%): food and non-food distribution (textile products, pharmaceuticals, computers, optics, household appliances, etc.) through 4,001 stores. The group also offers telephony services through Tesco Mobile (British no. 1). Tesco PLC also has an on-line purchasing site, Tesco.com;
- distribution in Central Europe (6.2%): operation, at the end of February 2025, of 561 stores located in Hungary (198), the Czech Republic (184) and Slovakia (179).
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Investor
Investor
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Global
Global
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Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
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