Tesco (TSCO)

Sector:

Food Pharmacy Retail

Index:

FTSE 100

387.40p
   
  • Change Today:
      0.60p
  • 52 Week High: 397.00p
  • 52 Week Low: 302.10p
  • Currency: UK Pounds
  • Shares Issued: 6,656m
  • Volume: 7,713,731
  • Market Cap: £25,787m
  • RiskGrade: 107
  • Beta: 0.00

Easter boosts grocers sales as price inflation ticks higher

By Abigail Townsend

Date: Tuesday 29 Apr 2025

LONDON (ShareCast) - (Sharecast News) - Supermarket sales jumped in April, industry data showed on Tuesday, as shoppers shrugged off rising food inflation to stock up for Easter.
According to the latest data from Kantar, take-home sales jumped 6.5% in the four weeks to 20 April, Easter Sunday. Easter fell unusually late this year.

Grocery inflation, meanwhile, edged up to 3.8%, up on last month's 3.5% and well above October's low of 1.4%. The fastest-rising prices were seen in butter and spreads, coffee and chocolate.

However, despite chocolate confectionary prices surging 17.4%, spending was up 11% compared to the four weeks to Easter last year.

Among individual grocers, sales sparked 6% at Tesco in the 12 weeks to 20 April, giving the UK's largest supermarket a market share of 27.8%. Sales rose 4.4% at J Sainsbury, taking its market share to 15.3%.

Discounters Aldi and Lidl also saw rapid growth, with sales 5.9% and 10.1% higher respectively, while online-only Ocado Group reported a 11.8% hike, the biggest increase across all grocers.

The three now have market shares of 11.0%, 8.0% and 1.9% respectively.

Asda, with 12.3% of the grocery market, was the only chain to see sales decline, down 3.8% over the period.

Fraser McKevitt, head of retail and consumer insight, said: "The grocers have been sharpening their pricing strategies to stay competitive in the fight for footfall. They've invested in price cuts, which were the main driver of promotional growth. Often linked to loyalty cards, spending on these deals grew by £347m."

Overall, spending on promotion reached 29.7%, the highest level seen so far this year, Kantar noted.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Tesco Market Data

Currency UK Pounds
Share Price 387.40p
Change Today 0.60p
% Change 0.16 %
52 Week High 397.00p
52 Week Low 302.10p
Volume 7,713,731
Shares Issued 6,656m
Market Cap £25,787m
Beta 0.00
RiskGrade 107

Tesco Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
59.35% below the market average59.35% below the market average59.35% below the market average59.35% below the market average59.35% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
75.05% above the market average75.05% above the market average75.05% above the market average75.05% above the market average75.05% above the market average
84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average84.62% above the sector average
Income
22.24% above the market average22.24% above the market average22.24% above the market average22.24% above the market average22.24% above the market average
Sector averageSector averageSector averageSector averageSector average
Growth
23.50% above the market average23.50% above the market average23.50% above the market average23.50% above the market average23.50% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average

What The Brokers Say

Strong Buy 4
Buy 8
Neutral 2
Sell 1
Strong Sell 0
Total 15
buy
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Tesco Dividends

  Latest Previous
  Final Interim
Ex-Div 15-May-25 10-Oct-24
Paid 27-Jun-25 22-Nov-24
Amount 9.45p 4.25p

Trades for 28-May-2025

Time Volume / Share Price
13:46 289 @ 387.40p
13:46 833 @ 387.40p
13:46 1,570 @ 387.30p
13:46 839 @ 387.30p
13:46 2,117 @ 387.20p

Tesco Key Personnel

CEO Ken Murphy
CFO Imran Nawaz
Chair Gerard Murphy

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