Nestlé Stock News

Nestle is in the early stages of a turnaround with a new CEO, but investor scepticism remains high due to inherent challenges. The company faces no growth, no margin improvements, rising debt, and a declining stock, with Q3 results showing minimal organic growth and revenue decline. The new CEO has cut near-term guidance and plans to focus on iconic brands, fewer new products, digitalization, a...

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.

Nestlé: 2024 Guidance Cut, But Still A Buy

Die kanadische Bank RBC hat Nestle CH0038863350 nach Zahlen des Nahrungsmittelkonzerns von "Sector Perform" auf "Outperform" hochgestuft und das Kursziel auf 93 Franken belassen.

Nestle, the Swiss multinational known for brands like Nescafe and KitKat, has reported a decline in sales this year, primarily due to boycotts linked to its association with Israel. The company has been a target of the boycott, divestment, and sanctions (BDS) movement because of its ownership of Israeli food giant Osem, acquired in 2016.

Nestle S.A. (OTC:NSRGF, VTX:NESN) on Thursday cut its full-year sales guidance and signalled structural changes as demand woes continue to plague the KitKat maker.

The Swiss conglomerate said its sales growth had slowed due to consumer hesitancy as it outlined a shakeup of its board of executives under new CEO Laurent Freixe

Der Schweizer Konsumgüterriese Nestlé muss zurückrudern und nun viele preisbewusste Konsumenten mit stärkeren Rabatten zurückgewinnen.