Nestlé S.A. (NSRGY)

OTCMKTS: NSRGY · Delayed Price · USD
99.65
-0.33 (-0.33%)
Jul 26, 2024, 4:00 PM EDT - Market closed
Market Cap 256.18B
Revenue 105.67B
Net Income 13.03B
Shares Out 2.57B
EPS 4.79
PE Ratio 20.72
Forward PE 18.32
Dividend $3.41 (3.42%)
Ex-Dividend Date Apr 22, 2024
Volume 175,482
Open 99.23
Previous Close 99.98
Day's Range n/a
52-Week Range 99.04 - 124.36
Beta 0.32
Analysts n/a
Price Target n/a
Earnings Date n/a

About NSRGY

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 OTCMKTS
Ticker Symbol NSRGY
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 numbers in CHF Financial Statements

News

Nestle and Unilever see share prices diverge on rival price hiking strategies

Nestle and Unilever shares took opposite courses on Thursday as the two top consumer goods giants were hit with the results of their varying efforts to win over inflation-hit customers.

Other symbols: UL
1 day ago - Market Watch

Nestle India misses Q1 estimates, posts slowest revenue growth in 8 years

Nestle India's first-quarter profit and revenue came in below expectations on Thursday as price hikes drove shoppers towards cheaper rivals, pushing the consumer giant to mark its slowest revenue grow...

1 day ago - Reuters

Nestle cuts sales growth outlook as consumers become increasingly cost-conscious

Nestle , the world's biggest packaged food company, lowered its sales outlook on Thursday, noting it had to slow its pace of price hikes earlier than it would have liked as consumers have become incre...

1 day ago - Reuters

Nestle, Mars Wrigley, Ferrero back EU deforestation law, document shows

Consumer goods giants including Nestle , Mars Wrigley and Ferrero have backed the European Union's upcoming ban on imported goods linked to deforestation, amid calls from some companies to delay it, a...

2 days ago - Reuters

Nestle's chocolate prices in focus as cocoa costs bite

Nestle may flag more price hikes on its chocolate products when the world's biggest food maker reports first-half earnings on Thursday, making Kit Kat bars and Smarties more expensive by Christmas.

2 days ago - Reuters

Vietnam Candy Industry Report 2024-2033, Featuring Mars Vietnam, Nestle Vietnam, Chocolaterie Guylian, Perfetti Van Melle Vietnam and Haiha Confectionery

Dublin, July 17, 2024 (GLOBE NEWSWIRE) -- The "Vietnam Candy Industry Research Report 2024-2033" report has been added to ResearchAndMarkets.com's offering. In 2023, Vietnam's candy sales grew by 6.9%...

9 days ago - GlobeNewsWire

Nestlé reveals new food line for those on weight-loss medication

Nestlé's CEO, Mark Schneider, tells CNBC's Silvia Amaro that the group's new line of meals intended for those on GLP-1 medication is a companion range, insisting Nestlé is “not the drug manufacturer.”

22 days ago - CNBC International TV

We're working toward a waste-free future: Nestlé CEO

Nestlé's CEO, Mark Schneider, gives CNBC an exclusive tour of the group's research center in Lausanne to showcase new product innovations designed to reduce packaging waste.

22 days ago - CNBC International TV

Nestle Digital Transformation Strategy Analysis 2024: Technology Initiatives, Investments, Acquisitions, Partnerships, Network Map, ICT Budget, and Key Contracts

Dublin, July 02, 2024 (GLOBE NEWSWIRE) -- The "Nestle S.A. - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. The report provides comprehensive i...

24 days ago - GlobeNewsWire

Nestle sees stable sales growth from Q2, CEO tells paper

Swiss food giant Nestle is targeting stable growth in sales volumes from the second quarter throughout the remainder of the year as cost inflation eases, its CEO told Swiss weekend paper "Schweiz am W...

27 days ago - Reuters

Nestle launches website for individuals on weight loss drugs

Nestle's health unit on Tuesday launched a web platform to provide nutritional support for individuals on weight loss programs, including those using GLP-1 medications.

4 weeks ago - Reuters

Seres to sell bacterial infection drug to Nestle Health for an undisclosed sum

Seres Therapeutics said on Thursday it has entered into a non-binding memorandum of understanding with Nestlé Health Science for the sale of its bacterial infection drug and related intellectual prope...

7 weeks ago - Reuters

Nestle CEO: saw pressure among consumers in the first quarter

Nestle CEO Mark Schneider sat down exclusively with CNBC's Silvia Amaro, telling her the company saw pressure among consumers through the first quarter.

7 weeks ago - CNBC International TV

Nutritional needs for users of GLP-1 drugs are 'shifting', Nestle CEO says

Nestle CEO Mark Schneider discusses the impact of GLP-1 drugs on the food industry and the company's products that are tailored to users of the drugs.

2 months ago - CNBC International TV

Nestle's CEO is 'very closely' following the ultra-processed food debate

CNBC's Silvia Amaro sits down with Nestle CEO Mark Schneider for an exclusive conversation spanning food products, coffee and cocoa prices and the rise of GLP-1 drugs.

2 months ago - CNBC International TV

Nutritional needs are 'shifting' amid rise of weight loss drugs, says Nestle CEO

The rise of weight loss drugs means consumers' nutritional needs are "shifting," Nestle CEO Mark Schneider told CNBC's Silvia Amaro. Nestle is looking to capitalize on the popularity of the GLP-1 drug...

2 months ago - CNBC

Nestle announces Vital Pursuit frozen-food brand targeting GLP-1 users

Former FDA Commissioner Dr. Scott Gottlieb joins 'Squawk Box' to discuss Nestle's new frozen food brand, whether Americans should eat this food, and more.

2 months ago - CNBC Television

Nestlé caters to the Ozempic crowd with a line of frozen meals crafted just for GLP-1 users

GLP-1 weight-loss drugs like Ozempic and Wegovy, once prescribed only to people managing conditions like diabetes, have hit the mainstream. Not only are celebrities slimming down with the injections b...

2 months ago - Fast Company

Nestlé launches food line targeting Ozempic, other weight-loss drug users

Nestlé is launching a line of food products tailored to people using weight-loss medication in an effort to capitalize on a market expected to reach $30 billion in the next six years.

2 months ago - New York Post

Ozempic users will soon get their own heat-and-eat meals

A new line of frozen foods will cater to users of weight loss drugs like Ozempic and Wegovy. Nestlé's Vital Pursuit brand will include sandwiches and bowls.

2 months ago - Business Insider

Nestle to launch Vital Pursuit frozen-food brand targeting GLP-1 users

Nestle's Vital Pursuit brand's initial lineup of 12 items will include frozen bowls with whole grains or protein pasta, sandwich melts and pizzas.

2 months ago - CNBC

Nestle set to sell $5 pizza, sandwiches for Wegovy, Ozempic users

Nestle will market a new, $5 line of frozen pizzas and protein-enriched pastas in the United States which it says it designed specifically for people taking drugs such as Wegovy or Ozempic for weight ...

2 months ago - Reuters

Nestle's Nescafe to invest $196 million in Brazil by 2026 to tap surging demand

Nestle plans to invest 1 billion reais ($196.5 million) in Brazil by 2026 to expand production capacity and out-of-home sales of its Nescafe lines, targeting younger consumers, executives told Reuters...

2 months ago - Reuters

Dr Reddy's Laboratories' CEO says Nestle has an 'amazing portfolio'

Erez Israeli, CEO of Dr Reddy's Laboratories, discusses its joint venture with Nestle India.

2 months ago - CNBC International TV

Unilever, Nestle slow price rises but the struggle for consumers remains

While price rises are starting to slow for companies like Nestle and Unilever after months of heading higher, the battle to win back consumers is far from over.

Other symbols: UL
3 months ago - Market Watch