LON:TSCO

Tesco TSCO LN is the UK’s largest retailer with a market cap of just over £25.0 billion. That’s just a fraction of the size of its US rival Walmart WMT US, but don’t be fooled, Tesco is still a category killer in its own right. Albeit one that has been hamstrung by a combination of

In 2023 Tesco smashed £57.7 billion in group sales and adjusted operating profits of £2.63 billion and a market cap of £20.0 billion, but is Tesco, at this point in time, a good long-term investment? Today, Tesco is one of the world’s largest retailers. Yet the business can trace its roots back to a market

The City is not highly bullish on Tesco in today’s economic climate. This is understandable. However, could the market be discounting an overly-negative economic outcome? Compared to a year ago, only half of the investment community are still maintaining a ‘Outperform’ rating on Tesco (12 to 7); while 6 brokers have put out a ‘Hold’

Fundamentals of a stock matter. But occasionally, macro factors will overwhelm these fundamentals. In 2022, investors were more concerned about the impact of inflation, war in Ukraine, cost-of-living crisis, et cetera. As a result, they are marking down most stocks. Tesco could not escape from this wholesale de-rating of UK stocks. By some measures, Tesco could