Share price Flashcards

1
Q

What’s Tesco’s dividend yield?

A

8%

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2
Q

Why have Tesco announced a buyback

A

£1bn buyback announced 10th august

Reduced shares outstanding, inflating earnings per share

Often leads to further increases in stock price

Displays confidence in the firm from management

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3
Q

Why has Tesco risen 40% L3Y?

A

Strong confidence in management team, growing market share and discounter growth slowing, beating consensus

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4
Q

Why are sainsburys negative 9%?

A

L6M performing fairly well, growing market share and solid sales growth.

Has always traded at a low multiple, unsure exactly why.

Same store sales were dropping in 2021, large one off costs from closing hundreds of Argos stores resulted in an annual loss

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5
Q

Why’s Tesco’s share price up so much in the last few days?

A

New Kantar data on Tuesday, not publicly released but clearly more positive signs

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6
Q

Since the lowest point why have Tesco grown so much

A

The low point for Tesco aligns well with them becoming the UKs cheapest full line Grocer, strong growth since

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