Nestlé S.A. (NSRGY)
Market Cap | 268.05B |
Revenue | 102.58B |
Net Income | 12.65B |
Shares Out | 2.55B |
EPS | 4.65 |
PE Ratio | 22.51 |
Forward PE | 18.32 |
Dividend | $3.41 (3.25%) |
Ex-Dividend Date | Apr 22, 2024 |
Volume | 87,152 |
Open | 105.25 |
Previous Close | 105.87 |
Day's Range | n/a |
52-Week Range | 99.04 - 125.41 |
Beta | 0.29 |
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]
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 11.51 billion, an increase of 19.94%.
Financial numbers in CHF Financial StatementsNews
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.
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 ...
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...
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.
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.
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle's first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.
Nestle India unit's profit beats estimates on higher demand
Nestle India reported a bigger-than-expected increase in its quarterly profit on Thursday, as it benefited from higher product prices and demand for its packaged food items.
These are the factors driving cocoa prices to all-time highs
CNBC's Frank Holland discusses the factors fueling cocoa's price increases and which commodity appears to be next for a surge.
Indian food regulator begins enquiry into Nestle over alleged sugar use in baby foods, ET reports
The Indian food regulator has started an enquiry into Nestle India over the alleged use of sugar in baby food products in low-income countries, including India, by its Swiss parent, the Economic Times...
Mondelez, Hershey, Nestle stocks retreat as cocoa prices surge
Mondelez, Hershey, and Nestle stock prices have retreated as concerns about the cocoa market intensified. Nestle, the giant Swiss giant, retreated to CHF 95.55 on Thursday, 18% below its highest level...
‘GRANOLAS' vs. the Magnificent Seven: Which should you dig into now?
Wall Street loves a good story, as evidenced by the recent focus on a group of stocks called the “GRANOLAS.” These are a group of 11 European stocks that have led Europe's stock markets higher.
Food price inflation is set to fall but volatility will remain, Nestle CEO
Nestle CEO Mark Schneider says food price inflation is falling but "choppiness" will continue as certain commodity prices remain at record highs. He adds that "aspirational brands" are still popular a...
Nestle, Danone see price hikes slowing after years of sharp increases
Two of the world's top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that have prompted shoppers to seek cheaper alterna...
Nestle Warns on Sales Growth as Inflation Continues to Bite
Nestle reported full-year earnings and sales that were just shy of expectations, and cautioned that sales growth will moderate this year as higher prices force shoppers to ease spending.
Nestle misses full-year organic sales estimates as price hikes deter shoppers
Nestle reported full-year organic sales growth slightly below expectations on Thursday as the world's biggest packaged food company continued to hike prices, prompting some shoppers to turn to competi...
To hike or not to hike? Nestle results to reveal impact of raising prices
As Nestle, the world's largest food company, prepares to publish its full-year results on Thursday, analysts will be seeking to work out the real impacts of the Nescafe coffee owner's push to raise it...
3 Undervalued Stocks to Buy Before the Big Game
#Morningstar #Volkswagen #StockInvesting The cheap stocks of these game-day advertisers look like solid long-term investments. 00:00 Introduction 00:55 Anheuser-Busch InBev BUD 01:30 Volkswagen VWAGY...
Nestlé's Steve Presley: 2024 is about getting back to innovation
Steve Presley is CEO of Nestlé's Zone North America. He says 2024 will mark a return to innovation and doing more around marketing for its many brands.
Nestle CEO says weight-loss drugs no threat to coffee business
ZURICH, Dec 20 (Reuters) - Nestle (NESN.S) sees no threat to its huge coffee business from the rising popularity of weight-loss drugs like Eli Lilly's (LLY.N) Zepbound and Novo Nordisk's (NOVOb.CO) We...
Nestle CEO Schneider: See Turbulent Environment Remaining
Nestlé Chief Executive Officer Mark Schneider discusses the inflationary environment, the impact of weight-loss drugs to its business and packing waste. He speaks with Bloomberg's Francine Lacqua on "...
Nestle CEO Doesn't See Weight-Loss Drugs as Threat to Business
Nestle CEO Mark Schneider says the world's largest food company doesn't see GLP-1 weight-loss drugs as a threat, but rather "a full-blown vindication of the strategy that we've been pursuing very pati...
Wonder Group gets $100 million investment from Nestle
CNBC's Melissa Repko joins 'Power Lunch' to discuss Marc Lore's latest venture.
Nestlé Invests $100 Million in Food Delivery Startup Wonder
Food and beverage giant Nestlé invested $100 million in food delivery startup Wonder. The capital comes with a partnership that aims to combine Nestlé's expertise in food production with Wonder's adva...
Food-delivery startup Wonder Group gets $100 million investment from Nestle
The startup Wonder Group is making a push to sell its proprietary kitchen equipment to other businesses, such as airports and sports arenas.