Financial Analysis and Development Study of Tesco PLC

Authors

  • Wenxuan Gan
  • Chuyue Yan

DOI:

https://doi.org/10.54097/hbem.v10i.8035

Keywords:

Tesco; Financial analysis; Retail industry.

Abstract

Since the development of the modern retail industry, there have been many different business models, such as traditional retail and new online retail. The emergence of these new models has provided people with new ways of shopping. Taking Tesco, a representative British retail company, as an example, we can better analyze the future of the modern retail industry. In this paper, our research object is Tesco, a British retail company, and our research goal is the financial analysis and development research of Tesco. Our research result is that from the perspective of financial analysis, Tesco has recovered its overall profit from the impact of the epidemic, but its current liabilities are a little high and its cash flow is low. From the perspective of development research, Tesco's online sales increased a lot after the epidemic, and online shopping mode is a sustainable development strategy. In general, the financial performance of Tesco is that its operating efficiency and profitability have improved. In terms of future development, Tesco is worth being the investment choice of investors, and Tesco will provide stable returns for investors.

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References

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Published

09-05-2023

How to Cite

Gan, W., & Yan, C. (2023). Financial Analysis and Development Study of Tesco PLC. Highlights in Business, Economics and Management, 10, 167-172. https://doi.org/10.54097/hbem.v10i.8035