Tesco Plc (LON:TSCO)

CNNMoney.com  Feb 14  Comment 
The CEOs of 7 major retailers are headed to Washington to take on a proposed border tax.
Benzinga  Feb 2  Comment 
Shares of Tractor Supply Company (NASDAQ: TSCO) rose more than 4 percent after the rural lifestyle retailer delivered a solid fourth-quarter beat with strong outlook. Quarterly Print The quarter was highlighted by a 3.1 percent comp (vs....
newratings.com  Feb 1  Comment 
WASHINGTON (dpa-AFX) - Tractor Supply (TSCO) revealed earnings for its fourth quarter that increased compared to the same period last year. The company said its bottom line climbed to $123.58 million, or $0.94 per share. This was up from $111.71...
Benzinga  Jan 13  Comment 
Tractor Supply Company (NASDAQ: TSCO) may generate better comps and earnings growth in 2017 than it did in 2016, Wedbush’s Seth Basham said in a report. He upgraded the rating on the company from Neutral to Outperform, while raising the price...
Forbes  Nov 8  Comment 
There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on November 3, Tractor Supply Co.'s Director, Mark J. Weikel, invested $66,135.80 into 1,000 shares of...
Benzinga  Oct 20  Comment 
Goldman Sachs believes Tractor Supply Company (NASDAQ: TSCO) third quarter results confirmed its opinion that the headwinds would likely to continue in its business. Headwinds The firm thinks that at least two of the following discrete items...
Benzinga  Oct 20  Comment 
  BJ's Restaurants, Inc. (NASDAQ: BJRI) shares touched a new 52-week low of $33.745 after the company reported downbeat results for the third quarter. Tractor Supply Company (NASDAQ: TSCO) shares fell 5.7 percent to touch a new 52-week...


Business Overview

Tesco is the UK's largest grocer by sales and also operates grocery stores in 12 international markets across Europe, Asia and the United States.[1] Additionally, Tesco offers retail banking and insurance services through its Tesco Personal Finance segment and telecom services under its Tesco Telecom business.[1] Tesco operates as a discount retailer and earned about £62.5 billion in revenue in 2010, an 6.8% increase from a year earlier.

Business Growth

For the year ended February 27th, 2010, net sales increased 6.8% to £62.5 billion. Net income rose 10.4% to £3.457 billion.[2]

Trends and Forces

Financial services risks affect Tesco's bottom line

On December 19, 2008, Tesco acquired Tesco Bank with three main products (credit cards, unsecured personal loans, and savings) as well as an insurance business. With this acquisition, Tesco took on the bank's risks, such as vulnerability in its insurance business due to natural or man-made disasters. Competition in the financial services industry also affects Tesco Bank's ability to operate effectively and profitably, which could negatively impact Tesco's net income. Also, Tesco Bank is currently building new banking and insurance systems and is outsourcing most of its operations to the Royal Bank of Scotland. As a result, there is increased operational risk from this outsourcing until Tesco's new systems are complete.[3]

By diversifying globally, Tesco is affected by exchange rates and international economies


  • Walmart
  • Sainsbury (LON:SBRY) is the third largest supermarket chain in the UK with 15.9% market share.


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