Nestlé S.A. (NSRGY)
Market Cap | 232.28B |
Revenue (ttm) | 102.50B |
Net Income (ttm) | 12.47B |
Shares Out | n/a |
EPS (ttm) | 4.75 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | 2.76 (2.91%) |
Ex-Dividend Date | Apr 22, 2024 |
Volume | 210,856 |
Open | 90.76 |
Previous Close | 90.87 |
Day's Range | 90.00 - 90.82 |
52-Week Range | 90.00 - 117.55 |
Beta | 0.34 |
Analysts | n/a |
Price Target | n/a |
Earnings Date | Feb 13, 2025 |
About Nestlé
Nestlé S.A., together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery produ... [Read more]
Financial Performance
In 2023, Nestlé's revenue was 93.35 billion, a decrease of -1.51% compared to the previous year's 94.78 billion. Earnings were 11.21 billion, an increase of 20.92%.
Financial numbers in CHF Financial StatementsNews
CMA finds millions of parents may be paying up to £500 a year "over the odds" for infant formula
The infant formula market is highly concentrated with Danone, Kendal, and Nestle accounting for over 90% of supply.
‘It’s just not right’: consumers decry changes to Quality Street chocolates
The Purple One and Orange Crunch are both lighter and now the same shape as the Caramel Swirl First they ditched the plastic wrappers, then they introduced paper tubs . But for many, changing the shap...
Inequities in Nutrition: Global Food Giants Under Fire for Health Disparities
A recent report reveals a concerning trend among the world’s leading food and beverage corporations: they tend to sell less nutritious products in low-income countries than in wealthier ones. The asse...
Europe’s chocolate groups lead opposition to EU deforestation law delay
Nestlé, Ferrero and more than 50 other companies say the uncertainty is putting investment at risk
Election Day stress is affecting some companies' sales
Companies from United Airlines to Nestlé have pointed to election day as a slow time for sales. Some customers do appear to be holding back.
Nestlé and L'Oréal are betting on a longevity supplement made from pomegranate juice
Research suggests that a compound in pomegranates may rejuvenate our cells, boosting immunity and muscles. Food and cosmetic brands are interested.
UBS maintains neutral call on Nestle, expects 13.6% upside from current share price – check target
UBS has maintained its neutral rating on Nestle, setting a share price target of ₹2,650, implying a 13.6% upside from the current market price (CMP) of ₹2,332.15. UBS remains cautious about Nestle due...
Urban areas facing strain due to sluggish demand: Nestle
India Business News: NEW DELHI: The FMCG sector is facing a muted demand, with growth in F&B (food and beverage) declining to 1.
Nestle: Don't Blindly Assume A Recovery
Nestle is in the early stages of a turnaround under new leadership. See more on NSRGY stock and why a 'Hold' rating is currently advised.
Nestle CEO Freixe's turnaround plan faces challenge from weak consumer
Nestle's plans under new CEO Laurent Freixe to restructure and sharpen its focus on its top brands were welcomed by investors, but executing a turnaround strategy against a backdrop of weak consumer d...
Nestlé: 2024 Guidance Cut, But Still A Buy
Nestlé cuts full-year outlook amid weak consumer demand
Nestle flags shopper uncertainty around US election
Nestle on Thursday said shopper "concerns around the election" in the United States are putting further pressure on demand in its biggest market by creating consumer uncertainty.
Nestle launches Cerelac with no added sugar
Six months after facing backlash over high sugar levels in Cerelac, Nestlé India launches a new baby food range with no refined sugar. Chairman Suresh Narayanan announced that 14 out of 21 Cerelac var...
Nestle’s New CEO Kicks Off Overhaul to Reverse Sagging Growth
Nestle SA cut its revenue guidance for the year as it struggles to rebuild market share after higher prices turned consumers off branded products.
Nestle says its sales are taking a hit due to Israel-linked boycotts
Nestle, the Swiss multinational known for brands like Nescafe and KitKat, has reported a decline in sales this year, primarily due to boycotts linked to its association with Israel. The company has be...
Easing Food Prices Aren't Enough for Pinched Shoppers, Nestlé Says
Nestlé lowered its sales expectations for the second time this year as the food giant offers greater discounts to lure back shoppers deterred by rising prices in recent years.
Nestle says its sales are suffering due to Israel boycotts
The Swiss conglomerate said its sales growth had slowed due to consumer hesitancy as it outlined a shakeup of its board of executives under new CEO Laurent Freixe
Nestlé cuts sales outlook in a ‘very painful reset’ and overhauls top leadership
Nestlé had already cut its annual sales growth expectations from 4% to 3% in July amid tougher consumer environment.
Nestle cuts outlook again after sales disappoint
The KitKat maker now expects underlying sales to rise by around 2% over the full year, below previous guidance for at least 3% growth.
Nestle misses sales forecast, to streamline organisation
Nestle said it now expects 2024 organic sales growth to be around 2% and an underlying trading operating profit (UTOP) margin of about 17%
European Shares Extend Gains as ECB Cuts Rates; Nestle Advances
European stocks traded little changed as earnings season rolls on, with investors turning their attention later today to the European Central Bank interest rates decision amid a consensus expectation ...
Nestle India's Q2 profit slides on higher costs
Nestle India's second-quarter profit fell nearly 9% on Thursday, as the packaged food maker grappled with higher raw material prices.
Nestle Global cuts 2024 organic sales growth forecast, launches two new global cuisine brands
Nestle SA has revised its 2024 organic sales growth forecast to around 2%, down from the previous estimate of 3%, reflecting a more cautious outlook for the year. This adjustment comes as the company ...
Nestle misses nine-month organic sales growth estimate, cuts outlook
Nestle cut its full-year sales outlook and reported worse-than-expected nine-month organic sales growth on Thursday as the world's biggest packaged food company failed to grow volumes amid continued p...