Tesco Future Growth

Future criteria checks 1/6

Tesco is forecast to grow earnings and revenue by 1.5% and 2.1% per annum respectively. EPS is expected to grow by 2.4% per annum. Return on equity is forecast to be 16.9% in 3 years.

Key information

1.5%

Earnings growth rate

2.4%

EPS growth rate

Consumer Retailing earnings growth	11.3%
Revenue growth rate	2.1%
Future return on equity	16.9%
Analyst coverage	Good
Last updated	29 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:TCO0 - Analysts future estimates and past financials data (GBP Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
2/28/2027	73,410	1,981	2,131	3,982	12
2/28/2026	71,814	1,888	2,045	3,859	14
2/28/2025	70,008	1,842	1,942	3,658	13
8/24/2024	69,159	1,897	2,200	3,570	N/A
5/24/2024	68,673	1,829	2,327	3,705	N/A
2/24/2024	68,187	1,760	2,453	3,839	N/A
8/26/2023	66,604	1,297	2,855	4,209	N/A
5/26/2023	65,963	978	2,664	3,966	N/A
2/25/2023	65,322	659	2,472	3,722	N/A
11/25/2022	64,385	799	2,399	3,603	N/A
8/27/2022	63,447	938	2,326	3,484	N/A
5/27/2022	62,396	1,230	2,453	3,621	N/A
2/26/2022	61,344	1,521	2,579	3,757	N/A
11/26/2021	60,465	1,244	1,188	2,429	N/A
8/28/2021	59,585	966	-204	1,100	N/A
5/28/2021	58,736	747	-489	851	N/A
2/27/2021	57,887	528	-775	602	N/A
11/27/2020	58,092	775	-886	469	N/A
8/29/2020	58,297	833	-997	336	N/A
5/29/2020	58,194	785	-1,076	192	N/A
2/29/2020	58,091	736	-1,156	48	N/A
11/30/2019	59,390	983	120	1,362	N/A
8/24/2019	60,689	1,229	1,395	2,675	N/A
5/24/2019	62,300	1,251	1,328	2,614	N/A
2/23/2019	63,911	1,272	1,260	2,552	N/A
11/23/2018	62,400	1,092	1,423	2,730	N/A
8/25/2018	60,888	911	1,586	2,907	N/A
5/25/2018	59,191	952	N/A	2,856	N/A
2/24/2018	57,493	992	N/A	2,805	N/A
11/24/2017	57,206	722	N/A	2,491	N/A
8/26/2017	56,918	451	N/A	2,176	N/A
5/26/2017	56,418	262	N/A	2,083	N/A
2/25/2017	55,917	72	N/A	1,989	N/A
11/25/2016	55,111	164	N/A	2,334	N/A
8/27/2016	54,305	255	N/A	2,679	N/A
5/27/2016	54,119	260	N/A	2,403	N/A
2/27/2016	53,933	265	N/A	2,126	N/A
11/27/2015	54,979	-2,649	N/A	1,118	N/A
8/29/2015	56,025	-5,564	N/A	109	N/A
5/29/2015	56,475	-5,601	N/A	297	N/A
2/28/2015	56,925	-5,639	N/A	484	N/A
11/30/2014	58,217	-2,442	N/A	1,625	N/A
8/23/2014	59,509	754	N/A	2,765	N/A
5/23/2014	61,533	1,335	N/A	2,975	N/A
2/22/2014	63,557	1,916	N/A	3,185	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCO0's forecast earnings growth (1.5% per year) is above the savings rate (1%).

Earnings vs Market: TCO0's earnings (1.5% per year) are forecast to grow slower than the German market (20.9% per year).

High Growth Earnings: TCO0's earnings are forecast to grow, but not significantly.

Revenue vs Market: TCO0's revenue (2.1% per year) is forecast to grow slower than the German market (5.6% per year).

High Growth Revenue: TCO0's revenue (2.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: TCO0's Return on Equity is forecast to be low in 3 years time (16.9%).

Tesco Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Tesco PLC Provides Earnings Guidance for the Year 2022

Recent updates

First half 2025 earnings released: EPS: UK£0.15 (vs UK£0.12 in 1H 2024)

Upcoming dividend of UK£0.083 per share

Final dividend of UK£0.083 announced

Tesco PLC, Annual General Meeting, Jun 14, 2024

Full year 2024 earnings released: EPS: UK£0.25 (vs UK£0.10 in FY 2023)

Tesco PLC Announces Board and Committee Changes

High number of new directors

Tesco PLC to Report First Half, 2025 Results on Oct 03, 2024

Barclays Reportedly Exploring Deal for Tesco's Banking Unit

Tesco Reportedly Kickstarts Potential Sale of Banking Arm

Tesco PLC to Report First Half, 2024 Results on Oct 04, 2023

Tesco PLC Appoints Dame Carolyn Fairbairn as Non-Executive Director

Tesco plc Announces Appointment of Gerry Murphy as Non-Executive Chair on 1 September 2023

Tesco Announces Executive Changes

Tesco PLC Announces Management Changes, Effective 16 June 2023

Tesco PLC, Annual General Meeting, Jun 16, 2023

Tesco PLC (LSE:TSCO) acquired Paperchase Products Limited.

Tesco PLC to Report Fiscal Year 2023 Results on Apr 13, 2023

Tesco PLC Announces the Interim Dividend, Payable on 25 November 2022

Tesco PLC Appoints Caroline Silver as Non-Executive Director and Member of the Audit Committee

Tesco PLC to Report Q2, 2023 Results on Oct 05, 2022

Tesco PLC, Annual General Meeting, Jun 17, 2022

Tesco Confirms De-Listing from Euronext Dublin

Tesco Makes Application to Euronext Dublin for the Delisting of Ordinary Shares from Euronext Dublin

Tesco PLC Provides Earnings Guidance for the Year 2022

First half 2022 earnings released: EPS UK£0.11 (vs UK£0.051 in 1H 2021)

Non-Executive Chairman recently bought €55k worth of stock

Senior Independent Director Deanna Oppenheimer has left the company

Independent Non-Executive Director Mark Armour has left the company

Independent Non-Executive Director A. B. Olsson has left the company

TESCO Launches Service to Deliver Groceries to Customers Within an Hour

Upcoming dividend of UK£0.059 per share

CFO & Executive Director has left the company

Non-Executive Chairman recently bought €115k worth of stock

Full year 2021 earnings released: EPS UK£0.094 (vs UK£0.096 in FY 2020)

Salling Group A/S completed the acquisition of Tesco Polska Sp. z o.o. from Tesco PLC (LSE:TSCO).

New 90-day low: €2.77

New 90-day low: €2.82

Investor sentiment deteriorated over the past week

New 90-day high: €2.83

Upcoming Dividend of UK£0.51 Per Share

Tesco PLC, Annual General Meeting, Feb 11, 2021

New 90-day high: €2.79

Tesco PLC to Report First Half, 2022 Results on Oct 06, 2021

New 90-day high: €2.72

C.P. Retail Development Company Limited, Tesco Holdings B.V. and Tesco PLC (LSE:TSCO) completed the acquisition of a 30% stake in Tesco Stores (Malaysia) Sdn. Bhd. from Sime Darby Allied Products Berhad.

Tesco PLC Announces Karen Whitworth Will Be Joining the Board as A Non-Executive Director

New 90-day high: €2.66

New 90-day low: €2.27

Independent Non-Executive Director recently bought €164k worth of stock

Semi-annual earnings released: Revenue misses expectations

First half earnings released

Tesco PLC Appoints Imran Nawaz as Chief Financial Officer

New 90-day low: €2.28

Safeway, Inc. (NYSE:SWY) acquired the remaining 43.8% stake in GroceryWorks from Tesco plc and other shareholders.

Salling Group A/S agreed to acquire Tesco Polska Sp. z o.o. from Tesco PLC (LSE:TSCO) for approximately £165 million.

Non-Executive Chairman recently bought €75k worth of stock

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies