Tesco raises profit outlook. Tesco stock stands at EUR 6.28

Published on 10/15/2026 at 14:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tesco raised its profit outlook to GBP 3.15 billion to GBP 3.30 billion for fiscal 2026/27. Tesco stock costs EUR 6.28 on October 15, 2026.

Profit outlook and shareholder returns

Tesco raised its fiscal 2026/27 adjusted operating profit outlook on October 8, 2026.
First-half free cash flow reached GBP 1,570 million for the 26 weeks ended August 29, 2026.
Tesco stock was trading at EUR 6.28 at 2:00 p.m. CEST on October 15, 2026.

Bauhaus-Poster mit geometrischen Formen, Einkaufswagen-Symbol und Schriftzug RETAIL — Tesco plc (ISIN GB00BLGZ9862) symbolisiert den Einzelhandel, dargestellt als geometrisches Bauhaus-Poster mit Sektor-Schriftzug, Illustration mit AI erstellt.

Tesco (ISIN GB00BLGZ9862) stock was trading at EUR 6.28 at Lang & Schwarz on October 15, 2026 at 2:00 p.m. CEST. On October 8, 2026, Investegate reported that Tesco had raised its fiscal 2026/27 adjusted operating profit outlook to GBP 3.15 billion to GBP 3.30 billion from GBP 3.00 billion to GBP 3.30 billion.

Profit outlook moves higher

The upgraded floor followed a stronger first half. Adjusted operating profit reached GBP 1,783 million for the 26 weeks ended August 29, 2026, up 6.3 percent at constant exchange rates from GBP 1,674 million.

Sales excluding value-added tax and fuel rose 1.6 percent at constant exchange rates to GBP 33,776 million in the same period. Revenue including fuel increased 3.7 percent to GBP 37,353 million, giving the guidance change an operating base rather than a purely financial one.

Three dated capital steps

On October 7, 2026, Investegate reported an interim dividend of 5.05 pence per share. On October 8, 2026, adjusted operating profit reached GBP 1,783 million. Also on October 8, 2026, Tesco increased its current-year buyback to GBP 950 million from GBP 750 million, according to Investegate.

What does the outlook mean for cash?

Cash generation is the key counterweight to the higher investment and shareholder returns. Tesco generated GBP 1,570 million of free cash flow in the first half, up 21.0 percent from GBP 1,298 million a year earlier, although the company said GBP 250 million reflected payroll timing that will reverse in the second half.

The company maintained full-year free cash flow guidance of GBP 1.5 billion to GBP 2.0 billion. That range sits alongside higher capital expenditure guidance of GBP 1.7 billion, compared with GBP 1.6 billion previously, as Tesco funds technology and productivity projects.

Next dated catalyst

Tesco will release its third-quarter and Christmas trading statement on January 14, 2027, according to Investegate. The interim dividend is scheduled for payment on November 20, 2026, with the register date on October 16, 2026.

Tesco stock price in euros

Tesco stock was trading at EUR 6.28 at Lang & Schwarz on October 15, 2026 at 2:00 p.m. CEST. The price is the euro market reference for investors in Germany, while Tesco's primary listing is on the London Stock Exchange in GBp.

The further course of trading is shown by the continuously updated real-time quote of Tesco stock.