Nestlé S.A. (SWX: NESN)

Switzerland flag Switzerland · Delayed Price · Currency is CHF
89.64
-1.84 (-2.01%)
Sep 4, 2024, 5:30 PM CET
-14.55%
Market Cap 235.22B
Revenue (ttm) 92.11B
Net Income (ttm) 11.20B
Shares Out 2.57B
EPS (ttm) 4.27
PE Ratio 21.43
Forward PE 18.26
Dividend 3.00 (3.28%)
Ex-Dividend Date Apr 22, 2024
Volume 3,714,098
Open 91.64
Previous Close 91.48
Day's Range 89.46 - 91.66
52-Week Range 85.70 - 108.08
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

Nestlé Has the Right Recipe

The global food giant’s drama at the top obscures a solid strategy and cheap shares.

5 days ago - The Wall Street Journal

What went wrong for Nestle CEO Mark Schneider

Mark Schneider, Nestle's recently ousted CEO, steered the world's biggest food maker through the COVID-19 pandemic, grew margins despite a subsequent supply chain crunch, and pulled off a historic reo...

9 days ago - Reuters

The Nestle board have decided now is the time for leadership change, analyst says

Jon Cox, head of European consumer equities at Kepler Cheuvreux, discusses Mark Schneider's decision to step down as Nestle CEO.

9 days ago - CNBC International TV

Nestle to keep Health Science unit after CEO ouster, chairman tells paper

Nestle intends to keep its Health Science unit, Chairman Paul Bulcke said in a newspaper interview published on Sunday, after the food giant announced it was replacing its CEO Mark Schneider with comp...

10 days ago - Reuters

Nestlé Chief Executive Mark Schneider was pushed out of the company and learned he would lose his job just 24 hours before it was announced publicly, according to a person familiar with the matter.

Nestlé Chief Executive Mark Schneider was pushed out of the company and learned he would lose his job just 24 hours before it was announced publicly, according to a person familiar with the matter.

11 days ago - The Wall Street Journal

Nestlé CEO Abruptly Ousted as Board Seeks Better Cultural Fit

Mark Schneider was pushed out of Nestlé and learned he would be losing his job just 24 hours before it was announced publicly.

12 days ago - The Wall Street Journal

Nestle Stock Slips After Chocolate Maker Replaces CEO

Nestlé SA shares fell in Swiss trading Friday, a day after the chocolate maker replaced CEO Mark Schneider amid slowing sales.

12 days ago - Investopedia

Nestle CEO Schneider was ousted, paving way for veteran Freixe, sources say

Nestle CEO Mark Schneider was ousted in a sudden move by the world's biggest foodmaker as a result of the group's underperformance, three sources familiar with the matter told Reuters on Friday.

12 days ago - Reuters

European markets higher ahead of Powell speech; Nestle down 1.8%

European stocks were higher Friday as investors looked ahead to Fed Chair Jerome Powell's speech later in the session from Jackson Hole, Wyoming.

12 days ago - CNBC

Nestle to Focus on Food Sales Again After CEO's Experimental Bets

The world’s biggest food company is getting back to basics — feeding a growing planet, but one whose consumers are both more savvy and financially stretched.

12 days ago - BNN Bloomberg

Nestle CEO Schneider was ousted due to company's underperformance

Nestle CEO Mark Schneider was ousted in a sudden move by the world's biggest foodmaker as a result of the group's underperformance, three sources familiar with the matter told Reuters on Friday.

12 days ago - Reuters

Nestle’s Struggling Shares Cast Shadow Over Schneider’s Tenure

Nestle SA’s weak share-price performance in recent years has cast a shadow over Mark Schneider’s time as chief executive officer of the consumer-goods giant.

12 days ago - BNN Bloomberg

Nestlé’s Leadership Shake-Up with CEO Mark Schneider Departing as Laurent Freixe Takes the Helm

Nestlé shares took a hit following the unexpected departure of CEO Mark Schneider, who was replaced by longtime company veteran Laurent Freixe. Schneider’s sudden exit, announced late Thursday after a...

12 days ago - CEOWORLD magazine

Nestle CEO Mark Schneider steps down after steering the ship for eight years—to be replaced by Latin American boss

The Nespresso coffee capsules and Haagen-Dazs ice cream manufacturer lowered its sales growth outlook for 2024 last month as it slowed its price increases in the first half of the year.

12 days ago - Fortune

The Nestle board have decided now is the time for leadership change, analyst says

Jon Cox, head of European consumer equities at Kepler Cheuvreux, discusses Mark Schneider's decision to step down as Nestle CEO.

12 days ago - CNBC

Why Has Nestle Replaced Its CEO?

Nestle CEO Mark Schneider is the latest consumer-goods boss to be shown the door as companies struggle to coax shoppers back to premium brands after a period of high inflation and belt-tightening. Aft...

12 days ago - Bloomberg Markets and Finance

Nestle CEO departure seen as 'not such a bad thing' for investors, analyst says

Nestle has replaced its CEO Mark Schneider with company veteran Laurent Freixe in a bid to shake up its fortunes.

12 days ago - CNBC

Nestle shares slump after surprise departure of CEO

Nestle shares slumped Friday after the food giant abruptly announced the departure of its chief executive.

12 days ago - MarketWatch

Nestle shares face pressure following abrupt departure of CEO

Nestle shares were expected to fall early on Friday following the abrupt departure of CEO Mark Schneider from the world's biggest foodmaker and his replacement by company veteran Laurent Freixe.

12 days ago - Reuters

Nestle names company veteran to take over as CEO

Nestle is replacing CEO Mark Schneider with company veteran Laurent Freixe, the Swiss food group said yesterday, marking a change of leadership as it faces a challenge to grow sales.

12 days ago - Independent Ireland

Nestlé said longtime CEO Mark Schneider is leaving the company.

Nestlé said longtime CEO Mark Schneider is leaving the company.

12 days ago - The Wall Street Journal

Nestle CEO Mark Shneider steps down; Laurent Frexie to replace him

Nestle SA chief executive officer (CEO) Mark Schneider has stepped down after around eight years to be replaced by FMCG company’s veteran Laurent Freixe at the top spot. The change in the management c...

12 days ago - Business Upturn

Nestle CEO Mark Schneider To Step Down After 8 Years, Laurent Freixe To Take Over

Nestle chief executive Mark Schneider is leaving the Swiss food group after eight years in charge and will be replaced by Latin America boss Laurent Freixe, the company said Thursday.

12 days ago - NDTV