Tesco PLC logo

Tesco PLC

0
OTCPK:TSCDF (UK)  
$ 4.64 +0.18 (+4.04%) 07:09 PM EST
19.17
P/B:
2.15
Market Cap:
$ 32.03B
Enterprise V:
$ 42.80B
Volume:
191.00
Avg Vol (2M):
22.24K
Trade In:
Volume:
191.00
Avg Vol (2M):
22.24K

Business Description

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.