NESN.VX - Nestlé S.A.

Swiss - Swiss Delayed price. Currency in CHF
77.10
-0.08 (-0.10%)
At close: 5:30PM CEST
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Previous close77.18
Open77.14
Bid77.10 x 596700
Ask76.60 x 2351000
Day's range76.88 - 77.56
52-week range73.00 - 86.40
Volume6,238,294
Avg. volume6,378,715
Market cap235.737B
Beta0.85
PE ratio (TTM)33.23
EPS (TTM)2.32
Earnings date26 Jul 2018
Forward dividend & yield2.35 (3.04%)
Ex-dividend date2018-04-16
1y target est84.42
  • Reuters - UK Focus3 days ago

    Cream of Wheat maker to hike prices by end of May -CEO

    Breakfast staple Cream of Wheat and snack brand Pirate's Booty will soon cost more as B&G Foods (NYSE: BGS - news) Inc raises list prices for the first time in three years and curbs promotions, the food maker said on Wednesday. Retail hikes of about a dime "across the board" will be in place by the end of May to cover freight costs which soared at the end of 2017, B&G Chief Executive Bob Cantwell said in a presentation at BMO's Farm to Market conference in New York. An 18 ounce Cream of Wheat Hot Cereal sells for about $4.

  • Reuters - UK Focus4 days ago

    First 'plastic free' label to help shoppers curb pollution

    A new "plastic-free" logo launched in Britain on Wednesday will allow shoppers to identify products with plastic packaging, as companies come under growing pressure to use green alternatives. Growing concern from the public and lawmakers about the damage to the environment means food and drink manufacturers and retailers are under pressure to act on plastic waste. "We all know the damage our addiction to plastic has caused, we want to do the right thing and buy plastic-free," said Sian Sutherland, co-founder of A Plastic Planet, the British-based campaign group behind the new label.

  • Starbucks Reveals New Expansion Plan to Boost China Business
    Zacks4 days ago

    Starbucks Reveals New Expansion Plan to Boost China Business

    Starbucks (SBUX) has plans to more than triple its revenues and almost double its store count in China over the next five years.

  • Reuters4 days ago

    Competition heats up for controversial a2 Milk Company

    SYDNEY/WELLINGTON (Reuters) - Stay-at-home mother Anna Wei wanted the best milk formula to feed her firstborn, so she chose the most expensive brand her money could buy: Platinum by a2 Milk Company Ltd. Buyers like Wei have fanned a phenomenal success for New Zealand-based a2 Milk (ATM.NZ) (A2M.AX) and its controversial milk powder that is marketed as easier to digest than conventional milk because it lacks the A1 caesin protein. Now, several other companies, including the world's biggest infant formula maker Nestle SA (NESN.S), have decided to sell their own brand of A2-only milk powder in China and other countries, which Mark Brown, chief investment officer at shareholder Devon Funds Management, said raises a question about the sustainability of a2's success and its strategy.

  • Starbucks says aims to triple China revenue by 2022
    Reuters4 days ago

    Starbucks says aims to triple China revenue by 2022

    Starbucks Corp (SBUX.O) is looking to more than triple its revenue and almost double its store count in China over the next five years, doubling down on the market as traffic growth comes under pressure in the United States. It has around 3,300 stores in 141 cities in China currently. Starbucks dominates China's coffee scene, although it is seeing more competition from smaller rivals, similar to how it is coming under pressure from a "third wave" of boutique coffee sellers and cheaper rivals in the United States.

  • Starbucks says aims to triple China revenue by 2022
    Reuters4 days ago

    Starbucks says aims to triple China revenue by 2022

    Starbucks Corp (SBUX.O) is looking to more than triple its revenue and almost double its store count in China over the next five years, doubling down on the market as traffic growth comes under pressure in the United States. It has around 3,300 stores in 141 cities in China currently. Starbucks dominates China's coffee scene, although it is seeing more competition from smaller rivals, similar to how it is coming under pressure from a "third wave" of boutique coffee sellers and cheaper rivals in the United States.

  • Flush With Nestle Cash, Starbucks Wants to Triple China Revenue
    Bloomberg5 days ago

    Flush With Nestle Cash, Starbucks Wants to Triple China Revenue

    Starbucks Corp. is laying out an ambitious plan to compete with KFC in the race to become China’s fastest-growing foreign food chain by opening 600 new stores annually and more than tripling revenue by 2022. While Starbucks could add new locations at an even faster pace because of the demand in China, the coffee giant is limiting expansion to maintain store quality, Chief Executive Officer Kevin Johnson said in an interview in Shanghai on Tuesday. Starbucks is increasingly reliant on explosive momentum in China, where it has no close rivals, to prop up underwhelming sales growth in the U.S. and elsewhere.

  • Nestle Will Help Starbucks Brew International Growth
    Motley Fool8 days ago

    Nestle Will Help Starbucks Brew International Growth

    Nestle is buying the rights to sell Starbucks-branded products in grocery stores.

  • Reuters9 days ago

    Nestle falls behind as millennials warm up to frozen meals

    At Nestle's $50 million (36.96 million pounds) research center outside Cleveland, food technicians and packaging experts set out three years ago to remake its frozen food lineup and appeal more to busy, health-conscious adults in their 20s and 30s. When young consumers came back to the frozen food aisle last year, the company's supply chain wasn't ready. Jeff Hamilton, who heads Nestle's U.S. food business, said in an interview the company did not have the manufacturing capacity ready to meet extra demand for its Stouffer's Fit Kitchen and Lean Cuisine meals.

  • Nestle falls behind as millennials warm up to frozen meals
    Reuters9 days ago

    Nestle falls behind as millennials warm up to frozen meals

    At Nestle's $50 million research center outside Cleveland, food technicians and packaging experts set out three years ago to remake its frozen food lineup and appeal more to busy, health-conscious adults in their 20s and 30s. When young consumers came back to the frozen food aisle last year, the company's supply chain wasn't ready. Jeff Hamilton, who heads Nestle's U.S. food business, said in an interview the company did not have the manufacturing capacity ready to meet extra demand for its Stouffer's Fit Kitchen and Lean Cuisine meals.

  • With Truckers in Control, Money Talks and Toilets Sparkle
    Bloomberg9 days ago

    With Truckers in Control, Money Talks and Toilets Sparkle

    Once at the mercy of shippers, truckers now are turning the tables, thanks to surging freight demand and a shortage of drivers. Gone are the days when customers used reliability scorecards to reject some truckers and kept others waiting for hours with no place to take a break but portable canopies and grimy restrooms. “Carriers are now starting to score shippers and receivers, and the primary way of keeping score is money,” said Cliff Finkle, vice president of Finkle Trucking, a New Jersey-based company with 250 rigs.

  • Starbucks Pivots and Partners With Nestle for Packaged Goods
    Motley Fool10 days ago

    Starbucks Pivots and Partners With Nestle for Packaged Goods

    Not too long ago, Starbucks finalized a messy divorce from Kraft in consumer packaged goods, but it's ready to outsource this part of its business again.

  • Analysis: Starbucks deal gives Nestle more punch in fight with JAB
    Reuters11 days ago

    Analysis: Starbucks deal gives Nestle more punch in fight with JAB

    LONDON/ZURICH/LOS ANGELES (Reuters) - Nestle's $7 billion licensing deal for Starbucks' SBUX.O retail business gives it a much-needed boost in its battle against JAB, the privately owned investment firm stirring up the coffee industry with a string of deals. JAB, the family office of Europe's billionaire Reimann clan, has built up the world's second-largest coffee business over the past five years. JAB is unlikely to make another major move right away, analysts say, as it is still busy with a giant deal to buy soft-drink maker Dr Pepper Snapple, turning its coffee fortress into a wider drinks empire.

  • Nestle-Starbucks Distribution Deal: Win-Win
    Zacks11 days ago

    Nestle-Starbucks Distribution Deal: Win-Win

    Starbucks has licensed its retail business out to Nestle while it focuses on its stores.

  • Starbucks deal gives Nestle more punch in fight with JAB
    Reuters11 days ago

    Starbucks deal gives Nestle more punch in fight with JAB

    LONDON/ZURICH/LOS ANGELES (Reuters) - Nestle's (NESN.S) $7 billion licensing deal for Starbucks' (SBUX.O) retail business gives it a much-needed boost in its battle against JAB, the privately owned investment firm stirring up the coffee industry with a string of deals. JAB, the family office of Europe's billionaire Reimann clan, has built up the world's second-largest coffee business over the past five years. JAB is unlikely to make another major move right away, analysts say, as it is still busy with a giant deal to buy soft-drink maker Dr Pepper Snapple, turning its coffee fortress into a wider drinks empire.

  • Reuters - UK Focus11 days ago

    UBS poaches investment banker Illy from Credit Suisse

    Swiss bank UBS has poached star investment banker Marco Illy from arch rival Credit Suisse. "We are delighted to announce the appointment of Marco Illy as Head Investment Bank Switzerland. Marco brings ...

  • MarketWatch12 days ago

    Starbucks deal with Nestlé opens doors internationally after some near-term pain

    Starbucks Corp.’s deal with Nestlé SA is expected to be a drag on revenue in the near term, but analysts think it’s a good idea in the long run. Nestlé (NESN.VX)  will pay Starbucks (SBUX)  $7.15 billion up front as part of the deal and Starbucks will “retain a significant stake as a licensor and supplier of roast and ground and other products going forward,” the company said in the release. Nestlé will distribute Starbucks, Seattle Best Coffee, Starbucks Reserve, Teavana, Starbucks Via and Torrefazione Italia coffee and tea.

  • The Wall Street Journal12 days ago

    [$$] Starbucks and Nestlé: A Bold Blend

    Starbucks and Nestlé are both struggling to boost growth, but the sales tie-up between the two companies shows the value of powerful brands. Nestlé agreed to pay Starbucks more than $7 billion to sell the chain’s packaged coffee beans, single-serve coffee packs and other products through retail and grocery stores around the world. For Starbucks the merits are obvious.

  • The Wall Street Journal13 days ago

    [$$] Starbucks Sells Nestlé the Rights to Offer Its Coffee in Stores

    Starbucks Corp. is betting its future on its coffee shops. To do that, the Seattle-based company has removed a distraction by selling the rights to offer its coffee and tea in grocery and retail stores to Nestlé SA for more than $7 billion. Starbucks products will give Switzerland-based Nestlé a bigger stake in that fight without having to introduce a new brand to U.S. consumers.

  • Nestle and Starbucks strike $7.15 billion coffee licensing deal
    Reuters13 days ago

    Nestle and Starbucks strike $7.15 billion coffee licensing deal

    LOS ANGELES/LONDON (Reuters) - Swiss-based Nestle, the world's largest food and beverage company, will pay Starbucks Corp $7.15 billion in cash for exclusive rights to sell the U.S. chain's packaged coffees and teas around the world, tying a premium brand to Nestle's global distribution muscle. The agreement announced on Monday could rev up Starbucks' roughly $2 billion business selling packaged Starbucks coffee, Teavana tea and other products through grocery stores and other retailers, including in China. The alliance, which amounts to a licensing arrangement, frees Seattle-based Starbucks to focus on improving its mainstay U.S. cafe business, where traffic growth has stalled amid competition from fast-food chains and upscale coffee houses, while rapidly adding shops in China.

  • Reuters13 days ago

    Nestle and Starbucks strike $7.15 billion coffee licensing deal

    LOS ANGELES/LONDON (Reuters) - Swiss-based Nestle (NESN.S), the world's largest food and beverage company, will pay Starbucks Corp (SBUX.O) $7.15 billion (5.27 billion pounds) in cash for exclusive rights to sell the U.S. chain's packaged coffees and teas around the world, tying a premium brand to Nestle's global distribution muscle. The agreement announced on Monday could rev up Starbucks' roughly $2 billion business selling packaged Starbucks coffee, Teavana tea and other products through grocery stores and other retailers, including in China. The alliance, which amounts to a licensing arrangement, frees Seattle-based Starbucks to focus on improving its mainstay U.S. cafe business, where traffic growth has stalled amid competition from fast-food chains and upscale coffee houses, while rapidly adding shops in China.

  • What Happened in the Stock Market Today
    Motley Fool13 days ago

    What Happened in the Stock Market Today

    On a day stocks rose, Starbucks announced a deal with Nestle, and Athenahealth received a buyout offer.

  • Reuters - UK Focus13 days ago

    GLOBAL MARKETS-U.S. oil surges past $70, dollar hits fresh 2018 high

    The dollar rose to fresh 2018 highs on Monday while oil prices climbed to their highest since late 2014, driven by declining Venezuelan crude production and worries the United States could re-impose sanctions on Iran. The crude surge lifted energy stocks in Europe and on Wall Street, with European shares supported by strong results and gains in Nestle after the Swiss company agreed to pay $7.15 billion to Starbucks in a global coffee alliance.

  • Starbucks Accelerates Buybacks, Targets $20 Billion Cash Returns After Nestle Deal
    Investor's Business Daily13 days ago

    Starbucks Accelerates Buybacks, Targets $20 Billion Cash Returns After Nestle Deal

    Starbucks plans to use proceeds from its marketing deal with Nestle to accelerate share buybacks and return $20 billion via buybacks and dividends through fiscal year 2020.

  • Forbes13 days ago

    Nestlé And Starbucks Agree To A $7B Distribution Deal, But Will It Work In The Long Term?

    Earlier today, Nestlé and Starbucks made an announcement that Nestlé will pay Starbucks $7.15 billion for the right to market, sell and distribute Starbucks coffee globally outside Starbucks stores. Nestlé is buying a business of about $2 billion from Starbucks. The idea is to use Nestlé’s stronger distribution system to expand Starbucks’ distribution.

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