|Bid||75.60 x 596700|
|Ask||75.98 x 2351000|
|Day's Range||75.14 - 75.94|
|52 Week Range||73.80 - 86.40|
|PE Ratio (TTM)||32.66|
|Earnings Date||Aug 11, 2016 - Aug 15, 2016|
|Forward Dividend & Yield||2.15 (3.06%)|
|1y Target Est||85.51|
LONDON/ZURICH, Feb 21 (Reuters) - Nestle is in talks to end a pricing stand-off with several European supermarkets, including Belgium's Colruyt and Switzerland's Coop, which have dropped some of the Swiss group's products in the latest sign of growing pressures on the retail industry. Nestle, the world's biggest packaged food maker, is facing off with AgeCore, a Geneva-based group representing six European retailers, which is seeking better supply terms. Swiss chain Coop said it had stopped orders on more than 150 Nestle products, including Cailler Perle chocolate, Nescafe Azera coffee and pizza brand Buitoni La Fina, demanding better supply conditions.
BRUSSELS/ZURICH (Reuters) - AgeCore, a group of European retailers including Belgium's Colruyt (COLR.BR) and Switzerland's Coop, has removed some Nestle (NESN.S) products from its shelves and is negotiating with the Swiss food group to secure better prices. Swiss Coop said it had stopped orders on more than 150 products, including Cailler Perles chocolate, Nescafe Azera coffee and pizza brand Buitoni La Fina, demanding better supply conditions. Belgium's Colruyt, known for its no-frills, low-cost strategy, confirmed on Wednesday that it was an member of AgeCore and that negotiations were proceeding between AgeCore and Nestle.
ZURICH (Reuters) - Food group Nestle (NESN.S) said on Wednesday it was negotiating with customers to end a boycott of its products by several European retailers in a row over pricing. "We regret that ...
Food group Nestle said on Wednesday it was negotiating with customers to end a boycott of its products by several European retailers in a row over pricing. "We regret that our consumers cannot currently ...
Nestle SA will launch its first organic food line in Brazil in the coming weeks, an executive told Reuters, as the world's biggest food company makes a global push to capture growing interest in healthy and organic products. Brazil executive manager for dairy and cereals, Carine Malher, said Nestle was planning to sell 1 million boxes of organic oatmeal and oat bran products in the country this year. The company's previously unannounced foray into Brazil's organic foods segment is relatively minor in global terms.
Danone is leading the race to feed China’s babies, gaining ground against Nestle SA and Reckitt Benckiser Group Plc and offsetting a slump in its yogurt business.
Nestlé’s Chief Executive Mark Schneider has grasped the challenge facing the world’s largest food company. But making Nestlé more responsive and entrepreneurial is proving to be a very tall order.
Sluggish U.S. demand limited Nestlé to its slowest sales growth in decades last year, underscoring the challenge facing the Swiss company as it tries to reposition itself as a nimble provider of healthy ...
Weakness in North America led Nestle (NESN.S) to forecast only modest organic sales growth this year after its slowest gain in at least two decades, giving fuel to investor Daniel Loeb's campaign to overhaul strategy at the world's biggest food group. Nestle also said it had no intention to increase its 23 percent stake in French cosmetics company L'Oreal (OREP.PA) but stressed it remained committed to the group. Shares in the maker of KitKat chocolate bars and Nescafe coffee hit a 10-month low after it said organic growth, which excludes acquisitions and currency moves, was only 2.4 percent in 2017, missing even the lowest estimate of 2.6 percent in a Reuters poll of analysts.
GENEVA (AP) — Swiss food and beverage giant Nestle said Thursday that it does not plan to increase its stake in the L'Oreal cosmetics empire, despite now having the legal option to do so, and is exploring options for its Gerber Life Insurance business.
Nestle SA’s fourth-quarter sales miss showed just how far away Chief Executive Officer Mark Schneider is from meeting the food giant’s mid-term targets. The shares fell as much as 2.8 percent to the lowest ...
Nestlé sales grew at their slowest rate in more than two decades last year as US consumers shied away from mainstream packaged food in favour of supermarket own-brands or premium health products. Organic ...
Swiss food giant Nestle delivers earnings that it says are below its own expectations, although still within the guided range. But it forecasts more encouraging growth in 2018 as it says it plans to keep ...
Swiss consumer goods giant Nestle has reported faltering sales growth and a profit decline, which it blamed on weak demand in North America and Brazil. The company's sales rose by 2.4 per cent in 2017, ...
Nestle said that an impairment charge pressured 2017 net profit and that it would keep its options open regarding its L’Oreal stake.
Nestle SA ruled out raising its stake in L’Oreal SA, saying it wants to keep all other options open. While the Swiss company said it’s committed to the French cosmetics maker for now, the move could be ...
Nestle SA opened the door to a possible sale of its L’Oreal SA stake in a move that would give Chief Executive Officer Mark Schneider ammunition to sharpen the Swiss giant’s portfolio after the weakest ...
In the activist playbook, patience is not a virtue. So weaker than expected results from Nestlé will do nothing to soothe sharp-tongued investor Dan Loeb, who last month told the world’s largest food company ...
(Reuters) - Nestle India Ltd, maker of Maggi instant noodles and Kit-Kat chocolates, on Wednesday posted a 59.6 percent rise in fourth-quarter net profit, boosted by higher domestic sales. Profit rose ...
Nestle's forecast of modest organic sales growth this year, together with results which show its weakest gain on record in 2017, disappoints share markets. As Laura Frykberg reports, it also gives fresh fuel to investor Daniel Loeb's campaign to overhaul strategy at the world's biggest food group.
Feb.15 -- Nestle SA Chief Executive Officer Mark Schneider discusses the company's results and performance, potential acquisitions, expansion plans, and the U.S. market. He speaks with Bloomberg's Caroline Connan in Vevey, Switzerland, after the food giant reported its weakest growth in more than 20 years.