TESSCO Technologies Incorporated Price & Performance (TESS)

Tesco has increased its UK grocery market share to 28.5% as of January 2025, up from 27.8% a year earlier. However, management projects lower operating profit for the next fiscal year, citing intensifying competition and price cuts from rivals. Shares fell after the outlook update, despite solid sales performance.123

Arrow Electronics held a dominant 55.24% market share in the Electronic Parts & Equipment industry for Q4 2024, outpacing Avnet at 43.87%. The sector remains highly concentrated, with Tessco Technologies at just 0.89%. Arrow’s strong position signals continued consolidation among leading distributors.45

Tessco Technologies is drawing attention for its wireless earbuds, showcased in a recent Instagram post by Mobility India. The exposure highlights Tessco’s ongoing efforts to expand its consumer electronics footprint and engage younger, tech-savvy audiences through digital platforms.67