Tesco Plc - Company Profile
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Tesco Plc (Tesco) is a multinational retailer of general merchandise. The company carries out business through multi-format stores and online. It operates stores in various formats differentiated by size and range of products sold, including large, small, dotcom only, and one-stop. Tesco offers fresh food, drinks, bakery, grocery, home and entertainment products, baby products, clothing, household appliances, frozen food, pets, health and beauty products, consumer electronics, and electrical goods. It also provides consultancy, retail banking and insurance services through Tesco Bank in the UK. The company has a business presence across Europe and the UK. Tesco is headquartered in Welwyn Garden City, Greater London, the UK.
Headquarters
United Kingdom
Address
Cirrus A, Shire Park, Kestrel Way, Welwyn Garden City, England, AL71GA
Website
www.tescoplc.com
Telephone
44 1992 632222
No of Employees
222,306
Industry
Retailing
Ticker Symbol & Exchange
TSCO (LON)
Revenue (2023)
$84.8B
4.4%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
61.2%
(2023 vs 2022)
Market Cap*
$24.8B
Net Profit Margin (2023)
XYZ
54.0%
(2023 vs 2022)
* As of and is in US$
Tesco Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Fresh Food | Telecommunications | Tesco |
| Beverages | Gift Cards | Tesco Express |
| Frozen Food | Financial Services | Jack's |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In March, the company opened a store on Victoria Road in Douglas, the Isle of Man. |
| 2024 | Contracts/Agreements | In March, the company partnered with NatWest to provide financial assistance to those looking to switch to more sustainable farming methods. |
| 2024 | Plans/Strategy | In March, the company announced its plans to launch iconic British snacks, and ham, egg, and chips are made into a supermarket sandwich treat. |
Competitor Comparison
| Key Parameters | Tesco Plc | Carrefour SA | Edeka Zentrale AG & Co KG | J Sainsbury Plc | Migros-Genossenschafts-Bund |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | France | Germany | United Kingdom | Switzerland |
| City | Welwyn Garden City | Paris | Hamburg | London | Zurich |
| State/Province | England | Ile-de-France | Baden-Wurttemberg | England | - |
| No. of Employees | 222,306 | 305,309 | 408,900 | 107,000 | 97,727 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ken Murphy | Director; Chief Executive Officer | Executive Board | 2020 | 57 |
| Imran Nawaz | Chief Financial Officer; Director | Executive Board | 2021 | 50 |
| Guus Dekkers | Chief Technology Officer | Senior Management | 2021 | - |
| Emma Taylor | Chief People Officer | Senior Management | 2022 | - |
| Ashwin Prasad | Chief Commercial Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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