Nestlé S.A. (SWX: NESN)

Switzerland flag Switzerland · Delayed Price · Currency is CHF
75.94
-0.58 (-0.76%)
Nov 21, 2024, 11:22 AM CET
-22.74%
Market Cap 196.76B
Revenue (ttm) 92.11B
Net Income (ttm) 11.20B
Shares Out 2.57B
EPS (ttm) 4.27
PE Ratio 17.92
Forward PE 16.67
Dividend 3.00 (3.91%)
Ex-Dividend Date n/a
Volume 1,282,798
Open 76.00
Previous Close 76.52
Day's Range 75.56 - 76.48
52-Week Range 75.56 - 100.82
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]

Industry Packaged Foods
Founded 1866
Employees 270,000
Stock Exchange SIX Swiss Exchange
Ticker Symbol NESN
Full Company Profile

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 Statements

News

Stocks to watch on November 21, 2024: Nestle, UPL, Cipla, Adani Group, Vedanta and more

Amid mixed global cues, GIFT Nifty futures edged higher indicating a positive start for the Indian markets. In the previous session, the BSE Sensex gained 239.37 points to close at 77,578.38, while th...

7 hours ago - Business Upturn

Nestle open to partnerships for water business -exec

San Pellegrino and Perrier owner Nestle will spend the coming months carving out its 3.3 billion-Swiss-franc water business and is open to deals and partnerships, a top executive told Reuters.

1 day ago - Reuters

Nestlé serves up a bland vision for consumer conglomerates

Delivering its growth ambition will require the Swiss group to raise marketing investment

1 day ago - Financial Times

Nestle Will Lift Coffee Prices, Shrink Bags as Beans Get Pricier

The world’s biggest coffee maker, Nestle SA, will continue raising prices and make packs smaller to limit the impact of higher bean prices on its bottom line.

1 day ago - BNN Bloomberg

Nestle plays down RFK Jr's anti-packaged food rhetoric

Nestle has played down concerns about anti-packaged food rhetoric from Robert F. Kennedy Jr., President-elect Donald Trump's pick to lead the United States' top health agency.

1 day ago - Reuters

Nestle's big gamble: will cost-cutting & marketing be enough?

Nestle, the world's largest food company, is embarking on a transformative journey under its new CEO, Laurent Freixe. After several quarters of lackluster sales growth under former CEO Mark Schneider,...

1 day ago - Invezz

Nestlé plans to double down on ‘billionaire brands’ in major overhaul, cutting $2.8 billion in costs

Nestlé is home to 31 brands that are "billionaires" in their own right. Still, it's slipped behind competitors—new CEO Laurent Freixe wants to fix that.

1 day ago - Fortune

Nestle to Step Up Spending in Push to Boost Sales Growth

The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up spending to boost its top line and win market share in the face of a tough consu...

2 days ago - The Wall Street Journal

Nestle to Step Up Spending in Push to Boost Sales Growth

The food giant tempered its profit expectations for next year and for sales growth over the medium term, as it steps up spending to boost its top line and win market share in the face of a tough consu...

2 days ago - WSJ

Nestle Is On Sale, And I'm Buying

2 days ago - Seeking Alpha

Nestlé reduces profit outlook and announces $2.8bn cost-cutting drive

New chief executive Laurent Freixe to split off European bottled water business

2 days ago - Financial Times

Nestle ramps up cost-cutting by another £2.2bn in overhaul

Recently-appointed boss Laurent Freixe is aiming to make savings to channel spending into advertising and marketing as part of a turnaround plan.

2 days ago - Evening Standard

Nestlé (NSRGY) Revises Profit Target and Makes Water Business Independent

Nestlé (NSRGY) Revises Profit Target and Makes Water Business Independent

2 days ago - GuruFocus

Nestle (NSRGY) Lowers 2025 Profit Target, Increases Marketing Investment

Nestle (NSRGY) Lowers 2025 Profit Target, Increases Marketing Investment

2 days ago - GuruFocus

Nestle CEO to Separate Water Brands Into Standalone Business

Nestle SA lowered its medium-term profitability target and said its water operations will become a standalone business as new Chief Executive Officer Laurent Freixe seeks to revive sluggish sales grow...

2 days ago - BNN Bloomberg

Nestle to cut costs, boost marketing under CEO Freixe

Nestle will boost advertising and marketing, trim costs, carve out its water and premium drinks businesses into a standalone global unit, and implement other changes to drive growth under new chief La...

2 days ago - Reuters

Nestle's KitKat signs Formula 1 deal as CEO Freixe seeks broader appeal

Nestle's KitKat brand has signed a global sponsorship deal with Formula 1 as new Chief Executive Laurent Freixe seeks to change the way the world's biggest food company markets its core, multi-billion...

9 days ago - Reuters

Nestle, P&G investigate palm oil sourcing after green group's Indonesia deforestation report

Consumer brands including Nestle and Procter & Gamble said they conducted investigations after an environmental group said palm oil sourced from an illegally cleared wildlife reserve in Indonesia may ...

9 days ago - Reuters

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.

13 days ago - Evening Standard

‘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...

13 days ago - The Guardian

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...

13 days ago - CEOWORLD magazine

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

15 days ago - Financial Times

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.

26 days ago - Business Insider

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.

26 days ago - Business Insider