|Bid||55.60 x 900|
|Ask||56.30 x 600|
|Day's Range||55.65 - 56.36|
|52 Week Range||48.56 - 79.33|
|PE Ratio (TTM)||11.40|
|Dividend & Yield||2.48 (4.46%)|
|1y Target Est||N/A|
Target Corp. has officially ended its relationship with Hampton Creek Inc., the latest setback in a rough summer for the San Francisco-based maker of Just Mayo eggless mayonnaise and similar products. Bloomberg reports on the Minneapolis-based retailer's decision , which followed a two-month review after pulling Hampton's products from store shelves over food-safety allegations. Hampton Creek officials publicly said earlier this month they hoped to be back on Target shelves soon, but it looks like that won't happen.
Coming around to the regulator’s way of thinking cost the company 4/10 of 1% in gross margin for fiscal 2016 and adjusts its go-forward cost of sales reporting.
Investors can breathe easy, at least for the time being.