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TSCO Tesco Plc

348.60
0.00 (0.00%)
Last Updated: 08:41:23
Delayed by 15 minutes
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 Shares Traded Last Trade
  0.00 0.00% 348.60 8,507,228 08:41:23
Bid Price Offer Price High Price Low Price Open Price
348.50 348.70 350.60 348.30 349.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Grocery Stores 68.38B 1.19B 0.1733 20.12 23.89B
Last Trade Time Trade Type Trade Size Trade Price Currency
08:41:23 AT 494 348.60 GBX

Tesco (TSCO) Latest News (3)

Tesco News

Date Time Source Headline
21/11/202407:00UK RNSTesco PLC Transaction in Own Shares
20/11/202407:00UK RNSTesco PLC Transaction in Own Shares
19/11/202407:00UK RNSTesco PLC Transaction in Own Shares
18/11/202407:00UK RNSTesco PLC Transaction in Own Shares
15/11/202407:00UK RNSTesco PLC Transaction in Own Shares
14/11/202407:00UK RNSTesco PLC Transaction in Own Shares
13/11/202407:00UK RNSTesco PLC Transaction in Own Shares
12/11/202413:00UK RNSTesco PLC Director/PDMR Shareholding
12/11/202407:00UK RNSTesco PLC Transaction in Own Shares
11/11/202407:00UK RNSTesco PLC Transaction in Own Shares

Tesco (TSCO) Discussions and Chat

Tesco Forums and Chat

Date Time Title Posts
20/11/202420:22TESCO30,346
11/9/202214:11SUPERMARKETS BLOODBATH HAS STARTED30
11/3/202215:26TESCO (MODERATED)124
20/4/202115:13TESCO BOMBSHELL NUMBER TWO26
23/3/202109:49PRICE MANIPULATION9

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Tesco (TSCO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
08:41:23348.604941,722.08AT
08:41:23348.501,2884,488.68AT
08:40:50348.385281,839.45O
08:40:20348.302897.52O
08:40:20348.506822,376.77AT

Tesco (TSCO) Top Chat Posts

Top Posts
Posted at 19/11/2024 10:06 by johnwise
Greggs, Amazon, Tesco, Asda, Sainsbury's, Aldi warn of job losses and price increases


More than 70 businesses have written to Chancellor Rachel Reeves, warning that the national insurance changes in October's Budget mean price hikes are 'a certainty'

A coalition of Britain's top retailers, including giants like Tesco, Asda, and Sainsbury's, have sounded the alarm over job cuts and inevitable price increases following the national insurance rises outlined in October's Budget.

Over 70 businesses put their names to an open letter addressed to Chancellor Rachel Reeves, expressing their unease about the impending cost surges, with a warning that price rises are a "certainty". The letter emerged after Ms Reeves announced a £25.7bn adjustment to employers' national insurance contributions in the previous month's Budget, which not only increases the tax rate but also the threshold for payment.
Posted at 12/11/2024 08:23 by igoe104
TSCO share of the market last month has jumped to 27.9%...

Kantar..

The two largest supermarkets in Great Britain also outperformed the wider market.  With sales up across all its store formats and online, Tesco’s sales rose by 4.6% taking it to 27.9% of the market, up 0.6 percentage points on last year.  Spending through the tills at Sainsbury’s climbed 4.4%, making its overall share 15.5%.  Sainsbury’s saw a rise in both shopper numbers and trips this period.   

Asda’s hold of the market is now 12.5%.  Morrison’s sales grew by 2.4%, outpacing the market average for the first time since June 2021.  Its share of take-home sales remains at 8.6%.  Aldi held its sh
Posted at 10/11/2024 10:24 by xtrmntr
Supermarkets and banking were never the most obvious bedfellows. Tesco (TSCO) and J Sainsbury's (SBRY) now agree with this and have concluded that their experiment with selling loans and credit cards to the British public distracted from their core grocery offerings. Shareholders should benefit from a more efficient allocation of capital.At one time, Tesco Bank and Sainsbury's Bank were considered challenger banks who could make inroads against the hegemony of the big players. The grocers' strategy was to extend their brand power into the growth area of financial services, and the UK's two biggest supermarkets originally moved into the market through joint ventures in 1997. But their recent disposal of banking assets means the journey has come to an end.Last week, Tesco announced it had completed the sale of its credit cards, unsecured personal loans, deposits and banking operating infrastructure to Barclays (BARC) for £600mn. Sainsbury's sale of its own core banking business, to NatWest (NWG), is expected to complete in the first half of 2025 after management tried and failed to find a buyer during the pandemic. The supermarket will pay NatWest £125mn alongside the handover of £2.5bn in assets and £2.6bn in liabilities. Sainsbury's previously sold its mortgage book to the Co-operative Bank for £464mn last year, and has also announced the sale of its ATM network for an undisclosed figure in September, which includes profit-sharing provisions.Shore Capital analyst Clive Black told Investors' Chronicle that Tesco and Sainsbury's banking arms made "derisory returns given acquisition costs and capital expenditure". He added that shareholders should be "happy the supermarkets aren't now throwing good money after bad".Expectations were certainly sizeable. Tesco argued back in 2008, when it bought out Royal Bank of Scotland's half of its banking joint venture for £950mn, that it could ultimately make £1bn in annual profit from non-food areas such as financial services and telecoms.But profits haven't been awe-inspiring. Over the past six financial years, Tesco posted an annual adjusted operating profit of around £150mn-£200mn, while Sainsbury's was stuck below the £50mn mark.Low market share (Tesco Bank has around 5mn customers and Sainsbury's Bank under 2mn) in an environment where it is difficult for challengers to scale up against dominant incumbents, combined with a strict regulatory landscape, conspired to bring down banking hopes.Black argued that the supermarkets "totally underestimated how costly, bureaucratic and onerous financial services regulation would become in the UK".The grocers' retrenchment also ties in with a renewed focus on food as they deal with the growth of Aldi and Lidl. Sainsbury's chief executive, Simon Roberts, has spearheaded a 'food first' strategy, and the latest news on this front was the announcement of an extension of its Aldi price match scheme at smaller stores ahead of its interim results on 7 November. Tesco boss Ken Murphy said its banking sale would let it fix its attention on "continuing to grow our core retail business".Capital returnsOne effect of the banking disposals will be the return of capital to shareholders. Tesco plans a £700mn additional buyback, on top of the £250mn special dividend Tesco Bank paid out last year. Once the sale to NatWest completes, Sainsbury's expects to return £250mn to shareholders that had been ringfenced because of capital requirements.But this is also about a more efficient use of capital, with billions of capital-intensive assets being removed from balance sheets. The grocers are still benefiting from strategic partnerships in the banking space and retained financial services assets, which they both described as "capital-light, profitable businesses".Tesco expects to post £80mn-£100mn of adjusted operating profit each year from a partnership with Barclays and its insurance and money services assets (which include ATMs and travel money). Sainsbury's forecasts at least £40mn of annual income from insurance and branded ATMs and travel money services, alongside a partnership with NewDay, to which it has agreed to sell its Argos financial services cards portfolio for around £720mn.Tesco and Sainsbury's sales are part of a wider trend of consolidation in the UK banking sector. Nationwide completed its £2.9bn acquisition of Virgin Money last month, while Coventry Building Society is in the process of buying the Co-operative Bank for £780mn.Elsewhere in the grocery and banking crossover space, Marks & Spencer (MKS) this week said that it had taken a £7.5mn charge in its half year to 28 September in relation to redress for insurance product miss-selling at M&S Bank. It expects to record net charges of £94.9mn over the next seven years. HSBC (HSBA) has owned M&S's financial services division for two decades, but M&S is entitled to a share of the profits. The pair signed a new seven-year partnership in April.
Posted at 07/11/2024 15:24 by igoe104
TSCO tipped in the shares Magazine, very encouraging write-up..

If your a AJ Bell customer you can read for nothing..
Posted at 01/11/2024 11:19 by hazl
Gecko you could be right.
And perhaps I was a bit defensive last night.

I unfortunately have one or two trolls now. The mill one above follows me round...yet he has a terrible track record was in BOO when it was in 3figure share price.
Don't get me wrong each of us have our losers, but he fancies himself as a shorter now and ruins threads.
CUSN for example.
The point is if it's going to rise it will!

The market decides!
Posted at 01/11/2024 07:13 by marko419
Strange how the MMs are keeping this in a range for Tesco to load up........another million bought yesterday and share price down like most of the week and guess what tesco have done very well buying at the lows.MMs are dodgy as F_CK
Posted at 30/10/2024 15:50 by felchandbart
More to the point ... where's the Tesco share price going after Red Rachel's budget?
Posted at 07/10/2024 09:44 by philanderer
Tasty opportunities at Tesco, says Hargreaves


Tasty first-half results have given Tesco (TSCO) confidence to upgrade full-year guidance and, despite a run-up on the shares, Hargreaves Lansdown says there’s further to go.

The Citywire Elite Companies AA-rated stock reported a 4% rise in first-half sales to £31.5bn, ignoring fuel and exchange rates, with retail underlying operating profit boosted 10% to £1.6bn. This allowed the grocer to increase its dividend by 10.4p to 4.25p and increase full-year profit guidance to £2.9bn from £2.8bn.

Analyst Aarin Chiekrie said easing that inflationary pressures and a commitment to keeping food prices low had helped Tesco fend off competition from the likes of Aldi and Lidl.

While at the other end of the spectrum, its Finest range helped it to ‘poach customers off more premium supermarkets’.

‘Both of these actions have left Tesco on a high at the half-year mark,’ said Chiekrie.

‘The strong volume-led growth has given management the confidence to upgrade full-year profit guidance. With a strong start to the year and the all-important Christmas period just around the corner, this upgraded target looks well within reach.’

There is also ‘plenty of cash pumping around the business too, which is helping to fund share buybacks and a double-digit increase in dividends.’

Chiekrie said ‘market-leading proposition and income potential shouldn’t be overlooked’ and despite the ‘run-up in share price this year, there’s opportunity for investors’.

The shares fell 0.9% to 360.8p on Friday, but have gained 33.3% over the last 12 months.


citywire.com
Posted at 04/10/2024 05:16 by hazl
Tesco



The supermarket giant saw its shares gain ground this morning, leaving it as one of the best performers in the FTSE-100. The move came off the back of interim results which showed a modest uptick in revenues but a significant rise in profitability. Investors stand to see a 10% increase in the interim dividend, whilst management also noted that the volume growth posted during the first half of the year was above expectations. Full year guidance was increased slightly and the Tesco share price was just over 2% higher in early trade.
Posted at 03/10/2024 07:18 by tuftymatt
Yes really positive figures, along with an improved dividend, which should all eventually help the share price challenge 390 in my opinion.

Good luck all 👍🏻
Tesco share price data is direct from the London Stock Exchange

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