Tesco PLC
Company Profile
Business description
Tesco is one of the largest food retailers in the world, operating thousands of stores in the United Kingdom, Ireland, and Europe. It recently sold its Asia business. According to Kantar, Tesco is the market leader in the UK with a share around 27%, roughly double that of Asda or Sainsbury's. Tesco operates a core supermarket business in addition to convenience and neighborhood outlets. With a 35% digital market share in the UK, the company holds a dominant position online. Tesco gained exposure to the cash-and-carry and out-of-home delivering industries with the landmark GBP 4 billion acquisition of Booker in 2018.
Contact
Kestrel Way
Tesco House, Shire Park
Welwyn GardenAL7 1GA
GBRT: +44 3301239928
Sector
Consumer Defensive
Stock type
Defensive
Industry
Grocery Stores
Fiscal Year End
01 March 2025
Employees
336,712
Morningstar Investment Ideas
Markets
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