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Financial Analysis (Tesco and Wall-Mart)
Finance & Accounting
Pages 8 (2008 words)
Financial Analysis Name Instructor Course University Date This paper is a comparison of between Tesco Company, which is listed in the United Kingdom, and Wal-Mart Corporation which is listed in the United States of America. This paper is going to compare the two leading giants in their industry in terms of both financial and non-financial information and performance…
Tesco plc is a general merchandise retailer and a multinational grocery, which is has its headquarters in Cheshunt, UK. Perhaps it is the world’s third largest retailer in terms of revenues. The other retailers that are ahead of it are Carrefour and Wal-Mart, and it is also the second largest in terms of profit, whereby it comes after Wal-Mart. The retailer has branches in fourteen states across North America, Asia, and Europe. In the United Kingdom, it is the leader in the grocery market whereby it controls a market share of about thirty percent. It was established by Cohen Jack back in the year 1919 as a small market stalls group (MacLaurin, 2002, p.76). Interestingly, the company generates approximately eighteen billion pounds in sales, offer employment for around one hundred and eighty thousand people and earn about seven hundred million pounds in revenue from outside of the United Kingdom. Currently, the have about two thousand and twenty six stores running outside the United Kingdom. However, within the United Kingdom, the company runs two thousand, two hundred stores and offers employment for about two hundred and eighty five thousand individuals. ...
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