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 a wide array of food and non-food products, including fresh food, drinks, bakery, grocery, home and entertainment products, baby products, clothing, household appliances, frozen food, pets, health and beauty products and consumer electronics and electrical goods. It also provides consultancy, retail banking and insurance services through Tesco Bank in the UK. The company has 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, AL71GA
Website
www.tescoplc.com
Telephone
44 1992 632222
No of Employees
231,223
Industry
Retailing
Ticker Symbol & Exchange
TSCO (LON)
Revenue (2023)
$84.4B
6%
(2023 vs 2022)
EPS
XXX
Net Income (2023)
XXX
-75.1%
(2023 vs 2022)
Market Cap*
$22.3B
Net Profit Margin (2023)
XXX
-76.6%
(2023 vs 2022)
* As of and is in US$
Access premium data and analytics for Tesco Plc
Products and Services
| Products | Services | Brands |
|---|---|---|
| Fresh Food | Telecommunication | YouGov |
| Beverages | Photo Printing | Tesco |
| Frozen Food | Magazine | Tesco Lotus |
| XXX | XXX | XXX |
| XXX | XXX | XXX |
| XXX | XXX | XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In January, the company announced its plans to package its fresh fish in trays made using recycled plastic waste. |
| 2023 | Contracts/Agreements | In January, the company entered into a partnership with Evri to offer the service at more than 1,000 stores in the UK. |
| 2023 | Plans/Strategy | In January, the company announced its plans to build its first store in Darwen. |
Competitor Comparison
| Key Parameters | Tesco Plc | Carrefour SA | Edeka Zentrale AG & Co KG | J Sainsbury Plc | Asda Stores Ltd |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | France | Germany | United Kingdom | United Kingdom |
| City | Welwyn Garden City | Massy | Hamburg | London | Leeds |
| State/Province | - | Ile-de-France | - | - | Yorkshire |
| No. of Employees | 231,223 | 319,565 | 404,900 | 117,000 | 143,349 |
| Entity Type | Public | Public | Private | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Ken Murphy | Chief Executive Officer; Director | Executive Board | 2020 | 66 |
| Imran Nawaz | Chief Financial Officer; Director | Executive Board | 2021 | 49 |
| Guus Deckers | Chief Technology Officer | Senior Management | 2021 | - |
| Natasha Adams | Chief People Officer | Senior Management | 2018 | - |
| Ashwin Prasad | Chief Product Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer
Get in touch about GlobalData Company Analytics
Contact the team or request a demo to find out how our data can drive your business forward