Buy Or Sell Opportunity • May 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.6% to UK£4.63. The fair value is estimated to be UK£5.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.6% over the last 3 years. Earnings per share has grown by 19%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 6.9% per annum over the same time period. Reported Earnings • May 20
Full year 2026 earnings released: EPS: UK£0.28 (vs UK£0.23 in FY 2025) Full year 2026 results: EPS: UK£0.28 (up from UK£0.23 in FY 2025). Revenue: UK£73.7b (up 5.4% from FY 2025). Net income: UK£1.79b (up 12% from FY 2025). Profit margin: 2.4% (up from 2.3% in FY 2025). The increase in margin was driven by higher revenue. Like-for-like sales growth: 3.5% vs FY 2025 Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Consumer Retailing industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 20% per year. Ankündigung • May 15
Tesco PLC, Annual General Meeting, Jun 18, 2026 Tesco PLC, Annual General Meeting, Jun 18, 2026. Location: the heart building, shire park, al7 1tw, welwyn garden city United Kingdom Ankündigung • May 08
Tesco PLC Announces Resignation of Thierry Garnier as Director, Remuneration Committee, Nominations & Governance Committee and the Sustainability Committee, Effective May 6, 2026 Tesco PLC announced that Thierry Garnier has resigned as a Director of the Company with immediate effect. Thierry was appointed to the Board as a Non-executive Director in April 2021 and during his tenure he has served on the Remuneration Committee, Nominations & Governance Committee and the Sustainability Committee. Ankündigung • Apr 17
Tesco PLC (LSE:TSCO) announces an Equity Buyback for £750 million worth of its shares. Tesco PLC (LSE:TSCO) announces a share repurchase program. Under the program, the company will repurchase £750 million worth of shares. The program is valid till April 2027. Ankündigung • Feb 11
Tesco PLC (LSE:TSCO) acquired five former Amazon Fresh stores in London. Tesco PLC (LSE:TSCO) acquired five former Amazon Fresh stores in London on February 9, 2026. These sites in Kensington High Street, Hounslow, Moorgate, Aldgate East and Wembley will reopen as Tesco Express stores before the summer.
Tesco PLC (LSE:TSCO) completed the acquisition of five former Amazon Fresh stores in London on February 9, 2026. Ankündigung • Jan 07
Tesco PLC to Report First Half, 2027 Results on Oct 08, 2026 Tesco PLC announced that they will report first half, 2027 results on Oct 08, 2026 Ankündigung • Jan 01
Tesco PLC to Report Fiscal Year 2026 Results on Apr 16, 2026 Tesco PLC announced that they will report fiscal year 2026 results on Apr 16, 2026 Ankündigung • May 22
Tesco Announces Executive Changes Tesco UK chief executive Matthew Barnes has stepped down from his post after more than a year to pursue other opportunities. Barnes, who joined the grocery giant in March 2024, will be succeeded by chief commercial officer Ashwin Prasad, effective 30 June. Prasad’s current post will be filled by the retailer’s Ireland and Northern Ireland CEO Natasha Adams, who will take on the newly created role of chief strategy and transformation officer from 9 June. Geoff Byrne, currently chief operating officer in Ireland, will takeover Adams’ current role. Ankündigung • May 09
Tesco PLC, Annual General Meeting, Jun 12, 2025 Tesco PLC, Annual General Meeting, Jun 12, 2025. Location: the heart building, shire park, al7 1tw, welwyn garden city United Kingdom Ankündigung • Jan 11
Tesco PLC to Report First Half, 2026 Results on Oct 02, 2025 Tesco PLC announced that they will report first half, 2026 results on Oct 02, 2025 Ankündigung • Jan 09
Tesco PLC to Report Q4, 2025 Results on Apr 10, 2025 Tesco PLC announced that they will report Q4, 2025 results on Apr 10, 2025 Ankündigung • Dec 19
Tesco PLC Appoints Chris Kennedywill as Non-Executive Director, Member of the Audit Committee and Nominations and Governance Committee, Effect from 20 February 2025 Tesco PLC announced that Chris Kennedywill be joining the Board as a Non-executive Director with effect from 20 February 2025. Chris will also be appointed as a member of the Audit Committee and Nominations and Governance Committee. To comply with provision 15 of the UK Corporate Governance Code 2024, Chris will step down from Whitbread plc at the conclusion of the 2025 AGM to ensure he has sufficient capacity to meet the needs of Tesco. Ankündigung • Apr 10
Tesco PLC Announces Board and Committee Changes Tesco PLC announced that: Byron Grote has confirmed that he plans to retire from the Board and will not stand for re-election at the Company's 2024 Annual General Meeting ('AGM') to be held on 14 June 2024; Carolyn Fairbairn will be appointed as Senior Independent Director and a member of the Audit Committee with effect from the conclusion of the Company's 2024 AGM; Karen Whitworth will be appointed as Chair of the Audit Committee and a member of the Remuneration Committee with effect from the conclusion of the Company's 2024 AGM; Melissa Bethell will be appointed a member of the Remuneration Committee with effect from the conclusion of the Company's 2024 AGM and will succeed Alison Platt as Chair of the Remuneration Committee when she steps down from the Board at the 2025 AGM; Thierry Garnier will step down from the Remuneration Committee and become a member of the Sustainability Committee with effect from the conclusion of the Company's 2024 AGM; and Melissa Bethell, Bertrand Bodson, Carolyn Fairbairn, Thierry Garnier, Caroline Silver and Karen Whitworth will become members of the Nominations and Governance Committee with effect from 1 June 2024. The appointments ensure all Non-executive Directors are fully involved in key decisions regarding Board and senior management appointments, succession planning and talent development. Ankündigung • Nov 18
Barclays Reportedly Exploring Deal for Tesco's Banking Unit Barclays PLC (LSE:BARC) has been exploring a potential acquisition of Tesco PLC (LSE:TSCO)'s banking operations, two people familiar with the matter told Reuters. The British food retailer has asked prospective buyers to submit non-binding offers for Tesco Personal Finance plc (Tesco Bank) by the end of the week, as part of efforts to shrink its financial services footprint, one of the people said. Barclays has already made an indicative bid, this person said, adding that it is particularly interested in Tesco Bank's credit card and saving account products. Other bidders are expected, people with knowledge of the process said. There is no certainty that a transaction will materialise, the people said. Tesco's banking operations could be attractive to other lenders because of the opportunity to cross-sell banking products to the grocer's customer base, the first two people said. But tough market conditions risk denting the appetite of potential buyers, one of them said. Barclays declined to comment. Tesco Plc and Tesco Bank declined to comment. Ankündigung • Oct 18
Tesco Reportedly Kickstarts Potential Sale of Banking Arm Tesco Plc (LSE:TSCO) has started the process for a potential sale of its banking arm, according to people familiar with the matter. The grocer has appointed Goldman Sachs Group Inc. as its adviser and begun to reach out to potential buyers, the people said, who asked not to be identified discussing a private matter. The undertaking is at an early stage, the people said. Ankündigung • Sep 23
Tesco PLC to Report First Half, 2024 Results on Oct 04, 2023 Tesco PLC announced that they will report first half, 2024 results on Oct 04, 2023 Ankündigung • Sep 02
Tesco PLC Appoints Dame Carolyn Fairbairn as Non-Executive Director HSBC Holdings plc confirmed that Dame Carolyn Fairbairn, a non-executive Director of the Company, has been appointed as a non-executive Director of Tesco PLC, with effect from 1 September 2023. Ankündigung • Jul 04
Tesco plc Announces Appointment of Gerry Murphy as Non-Executive Chair on 1 September 2023 Tesco PLC announces that Dr Gerry Murphy will join the Board and be appointed Chair on 1 September 2023. Gerry Murphy has extensive global leadership experience in both executive and non-executive roles. He is currently Chair of Burberry Group plc and Tate & Lyle PLC. He will step down from Tate & Lyle PLC on 1 September 2023 to ensure he has sufficient capacity to act as Chair of Tesco. He has previously served as a non-executive director of companies including British American Tobacco plc, Merlin Entertainments plc, Novar plc, Abbey National plc and Reckitt Benckiser plc. Gerry Murphy's executive career was spent in retail and other customer-focused businesses in senior leadership and commercial roles. Most recently he served as group chief executive of Kingfisher plc. He was previously chief executive of Carlton Communications plc, Exel plc and Greencore Group plc. He was also previously Chair of The Blackstone Group International Partners LLP, Blackstone's principal European entity. Ankündigung • Jul 03
Tesco Announces Executive Changes Tesco promoted Sarah Lawler to MD of Tesco Convenience as part of a leadership shake-up in its small stores operations. Lawler moves to Tesco Convenience from the Tesco-owned One Stop business, where she has been managing director since July 2022. Since starting out as a store manager over 20 years ago, Lawler has held a series of senior roles at Tesco, including business support director, Jack's MD and retail director for large stores in the north. She takes up the Convenience MD role from Kevin Tindall, who has now become Tesco MD for large stores. Following Lawler's return to Tesco, Stephanie Wood has taken over as One Stop's new MD. Wood took up the post last month after returning from maternity leave at Tesco, where she was acting as chief commercial Officer. Before that, her role was commercial director for fresh food and commodities. Ankündigung • May 20
Tesco PLC Announces Management Changes, Effective 16 June 2023 Tesco announced that John Allan will be stepping down from his role as Chair of the Board and a Director of Tesco PLC, at Tesco's AGM on 16 June 2023. John was appointed in 2015 and his tenure as Chair was due to end shortly. The Board has confirmed the appointment of Byron Grote as Interim Chair. He is currently the Senior Independent Director (SID) and Chair of the Audit Committee and will be replaced in these positions by Stewart Gilliland as SID and Karen Whitworth as Chair of the Audit Committee. These appointments are effective from 16 June 2023 and on the appointment of the new permanent Chair, each of them will revert to their prior Board position. Byron Grote will chair the Tesco 2023 AGM. Stewart Gilliland will now lead the process to appoint a permanent Chair and a further announcement will be made in due course. Ankündigung • May 12
Tesco PLC, Annual General Meeting, Jun 16, 2023 Tesco PLC, Annual General Meeting, Jun 16, 2023, at 10:30 Coordinated Universal Time. Location: our Heart building, Shire Park, Welwyn Garden City,Herts, AL7 1TW Welwyn Garden City Hertfordshire United Kingdom Ankündigung • Feb 02
Tesco PLC (LSE:TSCO) acquired Paperchase Products Limited. Tesco PLC (LSE:TSCO) acquired Paperchase Products Limited on January 31, 2023.Tesco PLC (LSE:TSCO) completed the acquisition 0f Paperchase Products Limited on January 31, 2023. Ankündigung • Jan 12
Tesco PLC to Report Fiscal Year 2023 Results on Apr 13, 2023 Tesco PLC announced that they will report fiscal year 2023 results on Apr 13, 2023 Reported Earnings • Oct 08
First half 2022 earnings released: EPS UK£0.11 (vs UK£0.051 in 1H 2021) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2022 results: Revenue: UK£30.4b (up 5.9% from 1H 2021). Net income: UK£830.0m (up 112% from 1H 2021). Profit margin: 2.7% (up from 1.4% in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Executive Departure • Jun 24
Senior Independent Director Deanna Oppenheimer has left the company On the 19th of June, Deanna Oppenheimer's tenure as Senior Independent Director ended after 9.3 years in the role. As of March 2021, Deanna still personally held 187.83k shares (UK£431k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 3.17 years. Executive Departure • Jun 24
Independent Non-Executive Director Mark Armour has left the company On the 19th of June, Mark Armour's tenure as Independent Non-Executive Director ended after 7.8 years in the role. As of March 2021, Mark still personally held 39.47k shares (UK£91k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 3.17 years. Executive Departure • Jun 24
Independent Non-Executive Director A. B. Olsson has left the company On the 19th of June, A. B. Olsson's tenure as Independent Non-Executive Director ended after 6.6 years in the role. As of March 2021, A. B. still personally held 44.98k shares (UK£103k worth at the time). A total of 5 executives have left over the last 12 months. The current median tenure of the management team is 3.17 years. Upcoming Dividend • May 13
Upcoming dividend of UK£0.059 per share Eligible shareholders must have bought the stock before 20 May 2021. Payment date: 02 July 2021. Trailing yield: 5.1%. Within top quartile of British dividend payers (4.1%). In line with average of industry peers (5.5%). Executive Departure • May 01
CFO & Executive Director has left the company On the 30th of April, Alan James Stewart's tenure as CFO & Executive Director ended after 6.6 years in the role. As of December 2020, Alan James personally held 98.74k shares (UK£291k worth at the time). A total of 2 executives have left over the last 12 months. Recent Insider Transactions • Apr 18
Non-Executive Chairman recently bought UK£100k worth of stock On the 14th of April, John Allan bought around 44k shares on-market at roughly UK£2.25 per share. This was the largest purchase by an insider in the last 3 months. John has been a buyer over the last 12 months, purchasing a net total of UK£167k worth in shares. Reported Earnings • Apr 16
Full year 2021 earnings released: EPS UK£0.094 (vs UK£0.096 in FY 2020) The company reported a poor full year result with weaker earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: UK£57.9b (flat on FY 2020). Net income: UK£717.0m (down 2.6% from FY 2020). Profit margin: 1.2% (down from 1.3% in FY 2020). Like-for-like sales growth: 6.3% vs FY 2020 Over the last 3 years on average, earnings per share has fallen by 13% per year whereas the company’s share price has fallen by 10% per year. Is New 90 Day High Low • Mar 01
New 90-day low: UK£2.22 The company is down 23% from its price of UK£2.90 on 01 December 2020. The British market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£4.75 per share. Is New 90 Day High Low • Feb 21
New 90-day low: UK£2.28 The company is down 21% from its price of UK£2.89 on 23 November 2020. The British market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£4.86 per share. Is New 90 Day High Low • Feb 16
New 90-day low: UK£2.44 The company is down 17% from its price of UK£2.96 on 18 November 2020. The British market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Consumer Retailing industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£4.96 per share. Valuation Update With 7 Day Price Move • Feb 15
Investor sentiment deteriorated over the past week After last week's 21% share price decline to UK£2.44, the stock is trading at a trailing P/E ratio of 22.7x, down from the previous P/E ratio of 28.8x. This compares to an average P/E of 27x in the Consumer Retailing industry in the United Kingdom. Total returns to shareholders over the past three years are 30%. Upcoming Dividend • Feb 08
Upcoming Dividend of UK£0.51 Per Share Will be paid on the 26th of February to those who are registered shareholders by the 15th of February. The trailing yield of 2.3% is below the top quartile of British dividend payers (4.7%), and is lower than industry peers (3.5%). Is New 90 Day High Low • Jan 04
New 90-day high: UK£2.37 The company is up 11% from its price of UK£2.14 on 06 October 2020. The British market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Retailing industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£4.58 per share. 
