@Big-g thanks Gary. I am invested in Morrisons and was thinking the other day about moving my money into Tesco instead. Will keep an eye on the price now to see if Tesco can still make the planned cost savings and give a bigger choice to customers tat was planned with Carrefour.
The interesting comment for me was
But despite the failed alliance, Black said Carrefour and Tesco could eventually benefit from a formal merger, if executives were willing to take the plunge. “Their respective categories and geographies remain very complementary, especially given Tesco’s retrenchment over the past decade, with the British Isles remaining an efficient and substantial market of approaching 70 million shoppers,” he said.
With all the private equity hype around Morrison and Sainsburys the grocery sector is in focus again. I like Tesco and if they nail this can see this giant rise again.
Not a holder, but wonder if it will cause a major dip in SP? I know Tesco are in the process of share buy backs…
I’m having to do my actual shopping today with an real trolly … in person! Tesco have cancelled all click and collect orders - maybe home delivery too. I’d expect a short term knee jerk to this.
How they got in and and data they stole the key factors here. Tesco makes up 35% of the online grocery ordering market.
Im probably being lazy, but does Tesco issue new shares every year or does it purchase the shares it uses for bonus, e.t.c. I’m just considering when these shares would possibility be traded and the time affects on the sp.
Im so confused which etfs to go for,any good ideas as there are so many.
Tesco are so pricey as of late - the fact they keep pushing the Aldi price match just makes me want to shop at one of the German discounters.
Aldi and Lidl are by far much much cheaper than any of the bigger supermarkets at the moment
With over a 25% market share in the supermarket sector, Tesco is the UK’s biggest supermarket. Today, the grocery giant released its FY22 earnings results. Although the FTSE 100 company reported strong figures in every aspect, the Tesco share price has plunged 5% at the time of writing (Although it’s still up over 11% year on year). Here’s why.
Well written piece, I did get some more this morning at 254 each so showing an early return.
Inflation is currently sitting at 7%, and is expected to continue rising for the coming months. As a result, retail spending has seen a drop, as the cost of living crisis continues to hit consumers hard. The effects of this are already heavily impacting the largest supermarket in the UK, Tesco. So, with all that in mind, the Tesco share price could dip further and present long-term shareholders like myself with a buying opportunity.
Disclaimer: I do not stand to profit in any way from sharing this article or the views I get. I am merely sharing this as an opinion to offer my insight to the stock whilst hoping to contribute to the discussion. These posts have been also been cleared by the mods.
Hey, I was just wondering if tesco’s would issue out a discount card if you have share’s in the company?
It wouldnt