Tesco Share Discussion Threads

[dexdringle] 23/9/2019 09:21

loganair 17 Sep '19 - 15:11 - 23165 of 23166 "The chief executive of ALDI UK, Giles Hurley, said “We are a long-term business not like other supermarkets. We are focused on sales, stores, customer numbers and growth.”

I wonder what the other supermarkets are focussed on then ?

[philanderer] 23/9/2019 09:11

Deutsche BUY.....TP 295p up from 285p

[loganair] 17/9/2019 15:11

The chief executive of ALDI UK, Giles Hurley, said “We are a long-term business not like other supermarkets. We are focused on sales, stores, customer numbers and growth.”

(So I take this to mean that Aldi are not focused or really concerned about customer experience.)


Online sales for the group reached £100m as it expanded beyond selling wine and non-food special buys for home delivery of spirits and packaged items such as coffee pods.

Hurley said: “We are watching the online grocery market with a real degree of interest.” But food delivery – loss-making for several rivals – was a very challenging area, he said.


In the next two years, Aldi plans to invest a further £1bn in about 100 new stores, as well as distribution centres to serve them. It will also upgrade dozens of existing outlets. The group, which opened its first UK store in 1990, is aiming to increase the number of stores it has from 840 to 1,200 stores by 2025.

Aldi is focusing on opening stores in London, where it has 45. It aims to have 100 by 2025 and potentially 250 within the M25 in the longer term, about 50 of which could be in the group’s new small format. These are, on average, only about 6,400 sq ft, just under half the size of a typical Aldi.

“Our market share is only 3.4% in London compared to 8.1% nationally,” said Hurley, “Clearly there is a significant opportunity.” Stores are planned in Sydenham, Blackheath and Watford in the coming year.

[nathdani] 17/9/2019 14:54

ALDI want to open one store a week ,someone has to lose customers .

[loganair] 17/9/2019 14:08

Supermarket market share - note Kantar excludes M&S who have around 3.3% of the grocery market share so in reality the market share of the supermarkets is lower then that given by Kantar:


...........June 2018..June 2019..Sept 2019

Tesco........27.7%......27.3%......26.9%
Sainsburys...15.6%......15.3%......15.3%
Asda.........15.1%......14.9%......15.1%
Morrison.....10.6%......10.4%.......9.9%
Aldi..........7.4%.......7.9%.......8.1%
Co-op.........6.1%.......6.2%.......6.6%
Lidl..........5.4%.......5.7%.......6.0%
Waitrose......5.1%.......5.0%.......5.0%
Iceland.......2.2%.......2.1%.......2.1%
Ocado.........1.2%.......1.4%.......1.4%

Out of the so called big 4, Asda seems to be holding up the best. Pound for pound turnover they are 50% plus more profitable than Sainsbury's.

15 months ago Morrison had 3.2% more market share than Aldi, this is not down to 1.8%. If the shrinking differential carries on at the same rate then in less then 2 years Aldi with over take Morrison in market share.

[muffinhead] 17/9/2019 13:56

Aldi "focused on gaining new shoppers rather than increasing profits"

Sounds like the Amazon business model.. destroy the competition first and then let margins increase a few basis points


"Big 4" .. need to go lower or price match or loose further market share

[philanderer] 16/9/2019 20:29

Aldi profits dive as firm focuses on expansion and price cuts

[hazl] 13/9/2019 16:10

of general interest

[nathdani] 13/9/2019 09:12

HSBC are going to have to review lol.

[hazl] 11/9/2019 08:42

well its going great guns this morning!

[philanderer] 10/9/2019 11:57

Downgraded by HSBC from 'buy' to 'hold'... tp 235p cut from 275p

[loganair] 09/9/2019 16:57

50% of all food produced in the Republic of Ireland is exported to the UK, therefore any hard border will really effect the ROI very badly.

It has been reported with a Hard Brexit could reduce the GDP of the ROI by as much as 6% in the first year.

[philanderer] 09/9/2019 13:44

British supermarkets say they cannot be blamed if little food is left on shelves after no-deal Brexit

[nathdani] 03/9/2019 19:05

In the news last month ,although I feel for those who lose their job.

[yf23_1] 03/9/2019 16:26

Can't go into details but streamlining work practices.

[hazl] 03/9/2019 16:13

Tesco fights back.

[yf23_1] 03/9/2019 16:03

Massive changes (read redundancies) at my Metro.

[hazl] 03/9/2019 09:51

Yes they are getting cash in hand I guess preparing for the future .

[philanderer] 03/9/2019 09:38

Shore Capital backs defensive and growing Tesco


Shore Capital has been left impressed by a capital markets day at Tesco (TSCO) that highlighted visibility around profits and dividend development.

Analyst Clive Black reiterated his ‘buy’ recommendation on the stock, which closed 2.3%, or 5p, higher at 224p.

Black said chief executive Dave Lewis set out plans for ‘quantum sales growth, maxing the mix and a focus on costs to drive cash profitability’.

‘In doing so, already robust solvency ratios are set to further improve, and the visibility and sustainability of the dividend should positively develop,’ he said.

‘Large, liquid, defensive, and growing, forecast to yield 3.7%, we reiterate our “buy” recommendation, noting our forecast for an advancing free cashflow yield to more than 7% in full year 2021.’

[capercaillie] 03/9/2019 07:14

Mortgage sale looks like a great deal.

[philanderer] 02/9/2019 13:34

ShoreCap reiterated a 'buy' on Tesco

[philanderer] 28/8/2019 17:16

28th aug Investec 'buy' tp 270p up from 255p

[philanderer] 28/8/2019 13:43

Market report: "Brave" investors snap up supermarket stocks just two months before Brexit