Company Earnings UpdateTESCO (LSE: TSCO) FY17 Results: Exceptional Costs Lead to Net Loss Coresight Research April 13, 2017 Executive Summary Exceptional items led Tesco to report a net loss of £54 million and a loss per share of 0.49 pence in FY17. Exceptional items included a £235 million charge over historical profit misstatements. Revenues of £55.9 billion came in ahead of the consensus estimate. Stripping out exceptional items, operating profit of £1.28 billion exceeded expectations of £1.26 billion. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Innovator Profile: RetailReady—Transforming Retail Compliance with AI and Computer VisionLower-Income Sentiment Continues to Weaken; Plus, Off-Price and Dollar Stores in Focus: US Consumer Survey Insights2026 Sector Outlook: US Retail—Steady Retail Expansion in a More Stable Economic EnvironmentThree Data Points We’re Watching This Week, Week 33: US Consumers’ Tariff Perceptions
