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2 days ago · Nestle believed that the target consumers for Nescafe coffee were upper-middle-class consumers. Later, with the success of this approach and strategy, they lowered the prices and targeted the middle class. Inexpensive pricing strategy. Amongst its wide range of brands, Nestle offers a fair price for quite a few of its brands and products.
2 days ago · 12 Analysts. NESTLE Stock Overview. Manufactures and sells food and beverage products in Malaysia and internationally. About the company. Rewards. Earnings are forecast to grow 8.36% per year. Earnings grew by 7.5% over the past year. Risk Analysis. Dividend of 2.2% is not well covered by earnings. Has a high level of debt. See All Risk Checks.
4 days ago · YoY, 1QFY24 revenue dropped by 3% mainly due to decline in domestic sales (-3.9% YoY) amid weaker consumer sentiments and cautious spending patterns. Its net profit only declined marginally by 1%, partially aided by better cost management initiatives and lower average raw material cost such as wheat, milk solids and palm oil.
3 days ago · Nestle China posted 2023 sales of 43.6 billion yuan ($6.06 billion), up 4.2 percent year-on-year, driven by increased product demand and e-commerce business, alongside a surge in market shares among soluble coffee, pet foods and confectioneries, according to its 2023 financial report.
3 days ago · Get Nestle (Malaysia) Bhd (NESM.KL) real-time stock quotes, news, price and financial information from Reuters to inform your trading and investments.
Jun 25, 2024 · The Following Are the Key Takeaways From Nestle’s 3Q21 Results Briefing: Price hikes are unavoidable. Despite the initiatives on internal savings and hedging policy, the prolonged volatility of commodity prices prompts Nestle to increase shelf prices across different segment of its products.
5 days ago · The diary portfolio includes brands such as NESTLE OMEGA PLUS, NESTUM, NESTLE EVERYDAY NESTLE JUST MILK, and NESPRAY. Its coffee brand includes NESCAFE, NESPRESSO, NESCAFE CLASSIC, NESCAFE Latte, and NESCAFE GOLD.
