Tesco PLC operates in the Grocery stores sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Tesco PLC with three other
supermarkets and grocery stores in Europe:
J Sainsbury Plc
(2020
sales of £28.99 billion [US$36.56 billion]
of which 98%
was Retail),
Wm Morrison Supermarkets PLC
(£17.54 billion [US$22.11 billion]
of which 100%
was Grocery), and
Hagar Hf
which is
based in ICELAND
(116.36 billion Icelandic Kronas [US$837.77 million]
of which 100%
was Retail Business).
Sales Analysis.
Tesco PLC reported sales of £64.76 billion (US$81.66 billion)
for the
fiscal
year ending
February of 2020.
This
represents
a very small
increase of 1.3%
versus 2019, when the company's sales were £63.91 billion.
This was the fourth straight year of sales growth at Tesco PLC.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Tesco PLC had sales
of £62.28 billion.
Sales of Asia saw an increase
that was more than double the company's growth rate: sales were up
7.1% in 2020, from
£4.87 billion to £5.22 billion.
Tesco PLC also saw significant increases in sales in
Uk and Roi (up 2.4% to £52.90 billion)
.
Not all segments of Tesco PLC experienced an increase in sales in 2020:
sales of Central Europe fell 11.5% to £5.58 billion.
Tesco PLC also experienced decreases in sales in
Tesco Bank (down 2.6% to £1.07 billion)
.