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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Tesco Plc | LSE:TSCO | London | Ordinary Share | GB00BLGZ9862 | ORD 6 1/3P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6.00 | 2.01% | 304.30 | 305.10 | 305.20 | 307.20 | 300.90 | 301.70 | 16,139,057 | 16:35:28 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Grocery Stores | 68.9B | 1.19B | 0.1670 | 18.27 | 21.7B |
From May 2022 to May 2024
1428 GMT - Tesco PLC is among the most mentioned topics across news items over the past seven hours, according to Factiva data, after the U.K.'s number one grocer by market share reported a strong Christmas performance and backed its full-year guidance "despite the challenging conditions ahead." A large part of the grocer's success is due to discounting, which can spell bad news for margins, Hargreaves Lansdown says. "The tug of war between pricing and volumes is clearly producing a good result, which is why profit expectations have been reiterated, but it's still hardly an ideal state of affairs for the industry's big names," HL analyst Sophie Lund-Yates writes. Noting the higher sales and guidance, Citi analysts say they continue to see value in the shares "notwithstanding the prevailing macro uncertainties." Dow Jones & Co. owns Factiva. (ian.walker@wsj.com.)
(END) Dow Jones Newswires
January 12, 2023 09:43 ET (14:43 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
1 Year Tesco Chart |
1 Month Tesco Chart |
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