Nestle overhaul speeds up as it posts fastest sales growth in three years [Reuters (UK)]
NESTLE S.A S/ADR (NSRGY)
NASDAQ:AMEX Investor Relations:
nestle.com/investors
Company Research
Source: Reuters
Nestle overhaul speeds up as it posts fastest sales growth in three years - Reuters 4 Min Read ZURICH (Reuters) - Food giant Nestle ( NESN.S ) posted its fastest organic sales growth in three years on Friday as the KitKat chocolate bar maker’s recovery under Chief Executive Mark Schneider gathered pace. Makers of packaged foods have been struggling to adjust to consumers’ growing appetite for fresh foods deemed healthier and intense competition from small local startups offering goods ranging from breakfast cereals to coffee and chocolate. Since taking over in 2017, Schneider, the first outsider to lead Nestle in a nearly a century, has pushed the company into new areas such as plant-based foods, revamped big brands like Nescafe instant coffee and axed under-performers like its U.S. confectionary operation. Nestle’s organic sales, which strip out currency swings and acquisitions and disposals, accelerated to 3.9% in the three months to the end of June, the highest quarterly rate sin
Show less
Read more
Impact Snapshot
Event Time:
NSRGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NSRGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NSRGY alerts
High impacting NESTLE S.A S/ADR news events
Weekly update
A roundup of the hottest topics
NSRGY
News
- Nestle to launch food products that cater to Wegovy and Ozempic users [CBS News]CBS News
- Nestle announces new line of foods aimed at Ozempic, Wegovy users [Yahoo! Finance]Yahoo! Finance
- BLUE BOTTLE COFFEE AND ABEL "THE WEEKND" TESFAYE RELEASE THE BUNA TETU COLLECTION INSPIRED BY ETHIOPIA'S TRADITIONAL COFFEE CEREMONY [Yahoo! Finance]Yahoo! Finance
- Nestle to launch frozen pizzas, other foods targeting users of weight-loss drugs [MSNBC.com]MSNBC.com
- Nestle to launch Vital Pursuit frozen-food brand targeting GLP-1 users [MSNBC.com]MSNBC.com