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Tesco PLC (TSCO.L)

TSCO.L on London Stock Exchange

250.10GBp
18 Apr 2019
Change (% chg)

-0.20 (-0.08%)
Prev Close
250.30
Open
250.80
Day's High
252.00
Day's Low
249.00
Volume
11,852,426
Avg. Vol
21,088,667
52-wk High
266.80
52-wk Low
187.05

Latest Key Developments (Source: Significant Developments)

Tesco Says Alison Platt, Stewart Gilliland To Join Nominations And Governance Committee
Thursday, 18 Apr 2019 

April 18 (Reuters) - Tesco PLC ::TESCO PLC - BOARD COMMITTEE MEMBERSHIP CHANGE.TESCO PLC - ALISON PLATT AND STEWART GILLILAND, BOTH NON-EXECUTIVE DIRECTORS, WILL JOIN NOMINATIONS AND GOVERNANCE COMMITTEE WITH IMMEDIATE EFFECT.  Full Article

UK's Unite Union Says Seeking Meeting With Tesco After Reports Of Job Losses
Monday, 28 Jan 2019 

Jan 28 (Reuters) - UK's Unite Union::SAYS SEEKS URGENT TESCO MEETING FOLLOWING REPORTS OF JOB LOSSES.CALLED FOR URGENT TALKS WITH TESCO BOSSES, FOLLOWING REPORTS THAT CO IS PLANNING TO AXE UP TO 15,000 JOBS.  Full Article

Tesco Says Wine By The Case To Close
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Tesco PLC ::TESCO WINE BY THE CASE TO CLOSE.DECIEDED TO CLOSE WINE BY THE CASE FOLLOWING DETAILED REVIEW WHICH FOUND THERE WAS NO PROFITABILITY ROUTE FOR STANDALONE ONLINE OFFERING.WINE BY THE CASE SERVICE WILL CLOSE ON 8 OCTOBER.WINE BY THE CASE CLOSURE WILL AFFECT VERY SMALL NUMBER OF COLLEAGUES WHO WILL BE SUPPORTED TO FIND ALTERNATIVE ROLES WITHIN BUSINESS.  Full Article

Tesco says 5 weeks into Booker takeover won't be changing targets
Wednesday, 11 Apr 2018 

April 11 (Reuters) - Tesco ::CEO SAYS 5 WEEKS INTO BOOKER TAKEOVER WILL NOT BE CHANGING FINANCIAL TARGETS.CEO DECLINES COMMENT ON MEDIA REPORT PLANS TO SET-UP OWN DISCOUNTER OPERATION.CEO SAYS UK NON-FOOD MARKET HAS BEEN DIFFICULT FOR A WHILE, "CHALLENGES REMAIN".CEO SAYS "VERY HAPPY WITH MARGIN PERFORMANCE OF BUSINESS".CEO SAYS "DEFINITELY A DOWNWARD TREND IN FOOD INFLATION.  Full Article

Tesco Says All Own Label Soft Drinks Below Threshold For UK Sugar Levy
Tuesday, 3 Apr 2018 

April 3 (Reuters) - Tesco PLC ::ALL OWN LABEL SOFT DRINKS ARE ALREADY BELOW THRESHOLD FOR UK SUGAR LEVY; THERE WILL BE NO PRICE INCREASE IN TESCO SOFT DRINKS AFTER APRIL 6..  Full Article

Booker Says Court Sanctions Scheme Of Arrangement On Tesco Deal
Friday, 2 Mar 2018 

March 2 (Reuters) - Booker Group Plc ::COURT SANCTION OF SCHEME OF ARRANGEMENT ON ​‍RECOMMENDED SHARE AND CASH MERGER OF TESCO PLC AND BOOKER GROUP PLC.‍ALL CONDITIONS TO TESCO-BOOKER MERGER HAVE NOW BEEN SATISFIED​.STEWART GILLILAND, HELENA ANDREAS, ANDREW CRIPPS, GARY HUGHES AND KAREN JONES WILLSTAND DOWN AS DIRECTORS OF BOOKER WITH EFFECT FROM MARCH 5.  Full Article

Tesco CEO says outperformed in food, was happy with pricing, offer
Thursday, 11 Jan 2018 

Jan 11 (Reuters) - Tesco ::CEO SAYS SIGNS INFLATION IS ABATING A LITTLE.CEO SAYS REALLY CONFIDENT WITH OUTLOOK.CEO SAYS "FINEST" RANGE DEMAND WAS PARTICULARLY STRONG.CEO SAYS HOME COMPUTING, VISION AND ENTERTAINMENT CATEGORIES WERE WEAK OVER CHRISTMAS.CEO SAYS HE WAS "REALLY HAPPY" WITH PRICING POSITION OF TESCO OVER CHRISTMAS.CEO SAYS OUTPERFORMED IN BOTH VOLUME AND VALUE IN FOOD IN FOUR WEEKS BEFORE CHRISTMAS.CEO SAYS PROMOTIONAL ACTIVITY IN 19-WEEK PERIOD WAS LOWER THAN A YEAR AGO.CEO SAYS 'HAPPY WITH TOY PERFORMANCE', BUT WAS NOT REMARKABLY POSITIVE OR NEGATIVE.  Full Article

Tesco announces ‍indicative result of tender offer​
Wednesday, 25 Oct 2017 

Oct 25 (Reuters) - TESCO PLC ::‍INDICATIVE RESULT OF TENDER OFFER​.‍ANNOUNCES INDICATIVE RESULTS OF ITS TENDER OFFER FOR ITS EUR 1,250,000,000 1.375 PERCENT NOTES DUE 2019 AND GUARANTEED BY TESCO PLC​.  Full Article

UK's ‍CMA to look at Vision Express' undertakings offer in detail​
Wednesday, 11 Oct 2017 

Oct 11 (Reuters) - UK's Competition and Market's Authority::UK'S ‍CMA - TO LOOK AT VISION EXPRESS' UNDERTAKINGS OFFER IN DETAIL​.UK'S ‍CMA - REASONABLE GROUNDS FOR BELIEVING UNDERTAKINGS OFFERED BY VISION EXPRESS, OR MODIFIED VERSION, MIGHT BE ACCEPTED BY CMA.  Full Article

Tesco turnaround "firmly on track" - CEO
Wednesday, 4 Oct 2017 

Oct 4 (Reuters) - Tesco :CEO says turnaround "is firmly on track".CEO says inflation in business "running at about 1 percent below peers".CEO says return of dividend a "significant milestone in recovery of business".CEO says does not expect inflationary situation in H2 to change from H1.CEO says "comfortable" with analysts' consensus profit forecasts for 2017-18 of about 1.5 billion stg.CEO "remains confident" Booker <<>> transaction "completely on track".CEO says "was shocked as anybody" by recent Two Sisters chicken food safety issue, says immediately investigated.Shares up 1.8 percent after 27 percent rise in H1 profit, return of dividend.  Full Article

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Tesco profits jump as Britons keep spending despite 'Brexit fatigue'

LONDON Britons have carried on spending despite their "Brexit fatigue," Tesco said on Wednesday, as a forecast-beating rise in profits confirmed a turnaround at Britain's biggest retailer. | Video