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. 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: January 2025 US Retail Sales: Nearly All Sectors Report Mid-Single-Digit Sales GrowthFive Ways Brands and Retailers Can Use AI/ML and Shared Data to Energize End-to-End Product ManagementNextGen 2025 Highlights: Coresight Research Premium Subscriber Call, July 2025Sycamore Partners To Acquire Walgreens Boots Alliance—Exploring the Reasons for and Implications of the $23.7 Billion Deal
