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OTCMKTS:TSCDD

Tesco (TSCDD) Stock Price, News & Analysis

$14.57
-0.07 (-0.48%)
(As of 09/6/2024 ET)
Today's Range
$14.55
$14.69
50-Day Range
$11.78
$14.64
52-Week Range
$8.90
$13.08
Volume
66,542 shs
Average Volume
264,678 shs
Market Capitalization
$37.55 billion
P/E Ratio
N/A
Dividend Yield
2.20%
Price Target
N/A
TSCDD stock logo

About Tesco Stock (OTCMKTS:TSCDD)

Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company operates through convenience and hypermarket store formats, as well as engages in the wholesale business. It also provides retail banking and insurance services. The company operates in the United Kingdom, the Republic of Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, and Thailand. The company serves its customers through stores, as well as online. Tesco PLC was founded in 1919 and is headquartered in Welwyn Garden City, the United Kingdom.

TSCDD Stock Price History

TSCDD Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Industry, Sector and Symbol

Industry
Grocery Stores
Sub-Industry
N/A
Current Symbol
OTCMKTS:TSCDD
CIK
N/A
Fax
N/A
Employees
405,506
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Outstanding Shares
2,577,323,000
Free Float
N/A
Market Cap
$37.55 billion
Optionable
Not Optionable
Beta
0.68
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Key Executives

  • Mr. Alan James Harris Stewart (Age 61)
    CFO & Exec. Director
  • Mr. Ken Murphy (Age 54)
    Group CEO & Exec. Director
  • Mr. Tony Hoggett
    Chief Operating Officer
  • Mr. Guus Dekkers (Age 56)
    Chief Technology Officer
  • Mr. Adrian Morris
    Group Gen. Counsel
  • Ms. Christine Heffernan
    Group Communications Director
  • Ms. Natasha Adams
    Chief People Officer
  • Ms. Sarah Fitzgerald
    Head of Buying
  • Duncan Hoy
    Managing Director of Large Stores
  • Mr. Nick Ashley
    Head of Media & Campaign Planning

Should I Buy Tesco Stock? TSCDD Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tesco PLC:

  • Tesco PLC operates as a grocery retailer with convenience and hypermarket store formats, providing a diverse range of products to consumers.
  • The company also engages in the wholesale business, allowing for potential revenue streams from B2B transactions.
  • Tesco PLC offers retail banking and insurance services, diversifying its revenue sources and potentially increasing profitability.
  • Recent developments in the company's operations have shown positive growth trends, indicating a potential increase in stock price.
  • With a strong presence in the United Kingdom, Tesco PLC has a stable market position that could provide long-term stability for investors.

Cons

Investors should be bearish about investing in Tesco PLC for these reasons:

  • Despite recent positive developments, the grocery retail industry is highly competitive, which could impact Tesco PLC's market share and profitability.
  • Fluctuations in consumer spending habits and economic conditions could affect Tesco PLC's revenue and overall financial performance.
  • Regulatory changes in the retail sector could pose challenges for Tesco PLC's operations and profitability.
  • Investors should carefully consider the current stock price of Tesco PLC and evaluate whether it aligns with their investment goals and risk tolerance.
  • While Tesco PLC has a strong market presence in the UK, potential geopolitical and economic uncertainties could impact the company's future growth prospects.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, September 3, 2024. Please send any questions or comments about these Tesco pros and cons to contact@marketbeat.com.

TSCDD Stock Analysis - Frequently Asked Questions

How have TSCDD shares performed this year?

Tesco's stock was trading at $11.16 at the beginning of 2024. Since then, TSCDD stock has increased by 30.6% and is now trading at $14.57.
View the best growth stocks for 2024 here
.

How do I buy shares of Tesco?

Shares of TSCDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TSCDD) was last updated on 9/7/2024 by MarketBeat.com Staff

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