Earnings per share of $0.19, missing estimates.
Exceeded revenue expectations with $45.93 billion.
Like-for-like sales increased by 3.8%.

Tesco PLC, trading as TSCDY on the PNK exchange, is a leading supermarket group in Britain. It operates across the UK, Ireland, and Central Europe, with a significant presence in the wholesale market through its Booker division. Despite facing competition from other major retailers, Tesco has maintained a strong market position.
On January 9, 2025, TSCDY reported earnings per share of $0.19, missing the estimated $0.52. However, the company exceeded revenue expectations, reporting $45.93 billion against the estimated $45.56 billion. This revenue success aligns with Tesco’s record-breaking Christmas season, where it achieved its highest market share since 2016.
The company’s like-for-like sales increased by 3.8%, driven by strong demand over the six weeks leading up to January. This growth was observed across all its markets, including the UK, Ireland, and Central Europe. The 4.1% increase in underlying UK sales during the Christmas period allowed Tesco to gain market share from competitors, as highlighted by Reuters.
Despite a high price-to-earnings (P/E) ratio of 61.09, indicating that investors are willing to pay over 61 times the company’s earnings, Tesco’s price-to-sales ratio of 0.36 suggests that its market value is about 36% of its total sales. The enterprise value to sales ratio of 0.55 reflects the company’s valuation in relation to its sales.
With an enterprise value to operating cash flow ratio of 10.13, Tesco is valued at over 10 times its operating cash flow. The earnings yield of 1.64% provides an indication of the return on investment. The debt-to-equity ratio of 0.61 shows a moderate level of debt compared to equity, while a current ratio of 0.81 indicates potential challenges in covering short-term liabilities with short-term assets.