|Bid||220.80 x 0|
|Ask||220.90 x 0|
|Day's range||219.00 - 223.90|
|52-week range||217.10 - 329.33|
|Beta (5Y monthly)||0.45|
|PE ratio (TTM)||15.37|
|Earnings date||14 Apr 2021|
|Forward dividend & yield||0.12 (5.49%)|
|Ex-dividend date||15 Feb 2021|
|1y target est||269.93|
The company announced it had committed to a ‘major new programme of reformulation’ to improve the health profile of its products by 2025.
Tesco, Britain's biggest supermarket chain, committed to increase its sales of healthy food to 65% of total sales by 2025 following pressure from some shareholders to set targets. Some investors have been calling for Tesco, which has 27% of the UK's grocery market, to sell more healthy food, saying it was lagging rivals in its efforts to encourage healthy eating and combat obesity in the country. Investors Robeco, JO Hambro and others, led by responsible investment group ShareAction, proposed a resolution over healthy food sales in February for the company's AGM, which is usually held in late June or early July.
Aldi and Lidl lose out as UK online grocery sales hit new heights. Tesco market share up for first time in five years as shoppers turn to internet during Covid pandemic