SWX:NESNFood
A Look At Nestlé (SWX:NESN) Valuation As Turnaround Plan Gains Traction After First Quarter Beat
Nestlé (SWX:NESN) is back in focus after first quarter sales exceeded expectations, supported by 3.5% organic growth across categories like coffee and snacks, while management reaffirmed its full year outlook despite currency and recall headwinds.
See our latest analysis for Nestlé.
The recent first quarter beat and portfolio reshaping, including the planned Blue Bottle Coffee sale and potential ice cream exit, have supported a 90 day share price return of 12.01%. This comes even as the 1...