INTRODUCTION 1
TESCO’S RATIO ANALYSIS 2
SUMMARY TESCO’S RATIO 13
COMPARATIVE ANALYSE – Tesco’s Vs Marks and Spencer’s________________ _______14
CRITICAL ANALYSIS OF TESCO PLC__________________________________________ 21
CONCLUSION ?
BIBLIOGRAPHY ?
APPENDIX 1 –TESCO’S PLC
APPENDIX 2- MARKS AND SPENCER’S- CONSOLIDATED STATEMENTS
I-Introduction
This report will evaluate the financial performance of Tesco’s and comparing it to Marks and Spencer’s has the purpose of evaluating the company 's worthiness as investment. As a well knowing company around the world and having an important background in the retail environment Tesco’s is one of the largest supermarkets in the world. Present in 14 countries around Europe, Asia and North America. Tesco’s is always dealing in the financial world, providing also bank and insurance services.
‘Tesco was founded in 1919 by Jack Cohen from a market stall in London’s East End. Over the years our business has grown and we now operate in 14 countries around the world, employ over 500,000 people and serve tens of millions of customers every week. We have always been committed to providing the best shopping experience. Today we continue to focus on doing the right thing for our customers, colleagues and the communities we serve.’ (Tesco 2012).
The first section of this report, which is the main body, will use financial statements from 2010, 2011 and 2012, along with standard financial ratio analysis to develop a clear picture of Tesco’s financial performance comparing to the competitor.
The second section includes a comparative analysis of the competitor strategy and also a conclusion on the performance and health of Tesco PLC based on the years 2010, 2011 and 2012.
The third section, presents a critical analysis containing the non-financial factors and risks impacting on the future of Tesco PLC.
II-Tesco’s ratio analysis: Ratio Analysis simplifies the financial statement
Bibliography: London Stock Exchange (2012). Tesco PLC ORD SP. London Stock Exchange (2012). Marks and Spencer Group PLC ORD 25P. Available at:http://www.londonstockexchange.com/exchange/prices/stocks/summary/fundamentals.html?fourWayKey=GB0031274896GBGBXSET1 Mark and Spencer (2010)-Annual Report and Financial Statements. Available at http://corporate.marksandspencer.com/documents/publications/2010/annual_report_2010 http://corporate.marksandspencer.com/documents/publications/2011/annual_report_2011 http://corporate.marksandspencer.com/documents/publications/2012/annual_report_2012 (Yahoo Finance, 2012) http://www.bizmove.com/finance/m3b3.htm APPENDIX 1 APPENDIX 2 APPENDIX 1 APPENDIX 2