Previous close | 256.60 |
Open | 255.10 |
Bid | 258.10 x 0 |
Ask | 258.10 x 0 |
Day's range | 254.60 - 258.50 |
52-week range | 203.33 - 304.10 |
Volume | |
Avg. volume | 29,722,903 |
Market cap | 19.804B |
Beta (5Y monthly) | 0.57 |
PE ratio (TTM) | 3.05 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 0.11 (3.88%) |
Ex-dividend date | 19 May 2022 |
1y target est | N/A |
Heinz has pulled its baked beans and ketchup from Tesco’s shelves in a row over prices.
U.S. food giant Kraft Heinz has stopped supplying some products to Britain's biggest supermarket group Tesco, which resisted charging its customers higher prices for them at a time of surging inflation. Tesco, which has an over 27% share of Britain's grocery market, apologised for the absence of popular Kraft Heinz products, such as baked beans and tomato ketchup, from its shelves but said: "We will not pass on unjustifiable price increases to our customers." Kraft Heinz said it was battling to provide good value products in a market hit by rising commodity and production costs.
Trying to predict how current world events will impact on companies and sectors is not easy. Fortunately, large companies like Tesco (LON:TSCO) are well covere...