Swiss - Delayed Quote ? CHF Nestlé S.A. (NESN.SW) Follow Compare 84.54 -0.28 (-0.33%) At close: October 25 at 5:30 PM GMT+2 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Nestlé eyes sales jobs cuts in France According to trade union CFDT Agri-Agro, Nestlé is looking to axe 148 jobs as part of moves to “drastically reduce” its sales force in the country. Just Drinks ? 8 hours ago NSRGF Leftovers: Nestlé sweetens game day with Cookie Nachos | Godiva doubles down on gourmet chocolate The CPG giant’s Toll House brand is leaning into a viral TikTok trend, and Daiya boosts its plant-based lineup with a reformulated cheese alternative?pizza. Food Dive ? 15 hours ago NSRGF Procter & Gamble Faces A Weakened Demand In Both The U.S. And China The Procter & Gamble Company (NYSE: PG) issued its fiscal 2025 first-quarter earnings report on Friday, missing sales and net income estimates but topping adjusted profit estimates. Fiscal First Quarter Highlights For the quarter ended on September 30th, P&G reported net sales dropped 1% to $21.74 billion Putting away foreign exchange, acquisitions and divestitures, organic revenue grew 2% helped by higher prices. However, volume was flat, which is a better reflection of sales. While in the U.S. Benzinga ? 7 days ago PG NSRGF Nestlé CEO needs to dig deep as mid-term growth target downgrades loom Laurent Freixe is leaning towards “guidance that we believe is achievable and hopefully beatable”. Just Food ? 7 days ago NSRGF Analysis-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 demand will be a tough task. After replacing Mark Schneider as CEO last month, Freixe set out plans on Thursday to revamp the executive board, revive Nestle's core 31 "billionaire brands", become price competitive again and win back market share through innovation and marketing. He relayed his strategy to investors as Nestle - owner of brands including Nescafe, Kit Kat, Sanpellegrino and Purina pet food - cut its full-year sales outlook after weaker than expected nine-month organic sales growth. Reuters ? 7 days ago NSRGF Nestlé Says Slowdown in Rising Food Costs Isn’t Soothing Pinched Shoppers Nestlé lowered its sales expectations for the second time this year as the food company offers bigger discounts to lure back shoppers deterred by rising prices in recent years. The Wall Street Journal ? 8 days ago NSRGF NSRGY Apple and BYD, Nestlé guidance, CSX revenue: Stocks in Focus A Bloomberg report revealed Apple (AAPL) to have been collaborating with Chinese EV maker BYD (BYDDY) on developing lithium iron phosphate battery cells for the now canceled electric, self-driving Apple Car. Multinational food brand Nestlé (NSRGY) slashed its full-year 2024 guidance on weakening organic food sales. Railroad transporter CSX Corporation (CSX) points to damages from Hurricane Helene to have contributed to its third quarter revenue miss. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 8 days ago CSX NSRGF NSRGY 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. The U.S. presidential election, the most consequential vote for financial markets in an election-packed year, is weeks away and Democratic Vice President Kamala Harris and Republican Donald Trump are locked in a close race to win on Nov. 5. Consumer-led anxiety over the election is an issue for Nestle and other consumer companies because it threatens to change Americans' buying patterns ahead of the critical holiday shopping season. Reuters ? 8 days ago NSRGF Nestlé lowers sales growth outlook for second time as “soft” demand persists The outlook for EPS and margins was also cut under new CEO Laurent Freixe. Just Food ? 8 days ago NSRGF Nestlé overhauls senior leadership, operating structure amid slowing sales The changes come as the world's largest food company cut its growth outlook for the full year and warned of sluggish consumer demand. Food Dive ? 8 days ago NSRGF 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. PA Media: Money ? 8 days ago NSRGF Nestlé announces changes to its organization and its Executive Board [Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Fran?ais (pdf) and Deutsch (pdf) ............. Nestlé announces changes to its organization and its Executive Board The Nestlé Board of Directors has approved changes to the company’s organization, effective as of January 1, 2025. As a result, Nestlé is also announcing changes to its Executive Board. Zone Latin America (LATAM) and Zone North America (NA) will merge to form Zone Americas (AMS), which will be led GlobeNewswire ? 8 days ago NSRGF NSRGY Nestle misses sales forecast, to streamline organisation LONDON (Reuters) -Nestle is revamping senior leadership and its operating structure, the food giant said on Thursday, as it cut its full-year sales outlook following weaker than expected nine-month underlying sales growth. CEO Mark Schneider was ousted in August following several quarters of weak sales volumes. Nestle said it now expects 2024 organic sales growth to be around 2% and an underlying trading operating profit (UTOP) margin of about 17%. Reuters ? 8 days ago NSRGF Nestlé reports nine-month sales for 2024 [Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Fran?ais (pdf) and Deutsch (pdf) Follow today's event live 09:30 CEST Investor call audio webcast Full details on our website ............. Vevey, October 17, 2024 Nestlé reports nine-month sales for 2024 Organic growth was 2.0% for the first nine months, with positive real internal growth (RIG). RIG was 0.5%, in an environment of softening consumer demand and actions taken in the third quarter to reduce custome GlobeNewswire ? 8 days ago NSRGF NSRGY Petfinder and Purina Celebrate National Pet Wellness Month with Donation of EverRoot Supplements to Greater Good Charities In celebration of National Pet Wellness Month, Petfinder, which is powered by the pet experts at Purina, today announced a donation of more than 330,000 EverRoot dog supplements to Greater Good Charities. Valued at more than $1.9M, the donation will help Greater Good Charities provide supplements to support the health and wellness of thousands of shelter dogs in the Seattle area as they await their forever families and settle into their new homes. PR Newswire ? 9 days ago NSRGF NSRGY Nestle's new CEO may cut guidance in fresh start, some investors warn Nestle could use the fresh start provided by new CEO Laurent Freixe in the coming months to lower financial guidance for the second time this year following months of weak sales volumes, according to some analysts and investors. Under former chief Mark Schneider, who was ousted in August, the world's biggest food company already cut its guidance once this year. In February, Nestle said it expected 2024 organic sales growth around 4% and a moderate increase in the underlying trading operating profit margin. Reuters ? 9 days ago NSRGF Halloween candy prices look frightening due to cocoa concerns Trick-or-treaters, beware this Halloween, even candy is not excluded from inflation trends this spooky season. Cocoa production (CC=F) has dropped over 14% year-over-year while prices have risen nearly 120% in that time, putting pressure on everybody's favorite candy bar makers. Yahoo Finance senior reporter Brooke DiPalma details how candy companies are reacting to these cocoa headwinds to offset these cocoa headwinds. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? 11 days ago NSRGF NSRGY CC=F Stocks to watch next week: Netflix, LVMH, ASML, Rio Tinto and Goldman Sachs Earnings preview of key companies reporting next week and what to look out for. Yahoo Finance UK ? 14 days ago ESLOF ESLOY ERIC Nestlé launches Mexican, Asian cuisine brands in US The Swiss giant is to market frozen products sold under the Mings and Tapatío brands. Just Food ? 14 days ago NSRGF Brands make packaging design changes for e-commerce compatibility Pandemic-related and sustainability trends, along with Amazon's requirements, are among the?factors prompting Clorox, Mars Wrigley and Nestlé to tweak product packaging designs they use?for e-commerce. Packaging Dive ? 15 days ago AMZN NSRGF CLX Performance Overview Trailing total returns as of 10/25/2024, which may include dividends or other distributions. Benchmark is MSCI WORLD Return NESN.SW MSCI WORLD YTD -10.48% +16.93% 1-Year -10.97% +32.26% 3-Year -21.73% 0.00%
