Company Earnings Update 4 minutesRegister for Free AccessTESCO (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. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Innovator Profile: MadeMeBuyIt Simplifies Procurement Through a Centralized B2B MarketplaceWho Shops Where? 2024 Shopper Demographics: US Consumer Survey Insights ExtraWeekly US and UK Store Openings and Closures Tracker 2024, Week 11: The Body Shop Closes All US Stores; Dollar Tree, Inc. To Shutter 1,000 LocationsWeekly US and UK Store Openings and Closures Tracker 2023, Week 51: Previewing Plans for 2024—Dollar General (US) and Asda (UK) To Lead Store Openings
