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Investors with an interest in Food - Miscellaneous stocks have likely encountered both Kerry Group PLC (KRYAY) and Nestle SA (NSRGY). But which of these two stocks is more attractive to value investors?
Nestle CEO Mark Schneider says the world's largest food company doesn't see GLP-1 weight-loss drugs as a threat, but rather "a full-blown vindication of the strategy that we've been pursuing very patiently over the years." He speaks with Francine Lacqua.
Boxes of chocolates are increasingly being bought as cheaper alternatives to other types of gifts in the run up to Christmas, confectionary firms Nestle S.A. (OTC:NSRGF, VTX:NESN) and Cadbury have said.
Investors with an interest in Food - Miscellaneous stocks have likely encountered both MGP (MGPI) and Nestle SA (NSRGY). But which of these two stocks presents investors with the better value opportunity right now?
Investors looking for stocks in the Food - Miscellaneous sector might want to consider either Smucker (SJM) or Nestle SA (NSRGY). But which of these two stocks is more attractive to value investors?
Nestle S.A. (OTC:NSRGF, VTX:NESN) is embarking on the development of "companion" products aimed at capitalizing on the growing popularity of weight loss drugs, particularly Novo Nordisk (NYSE:NVO)'s Wegovy.
Nestle S.A. (OTC:NSRGF, VTX:NESN) has reported a decline in sales revenue over the year so far as hefty price hikes on the back of growing inflation failed to boost the figure.
Nestle on Thursday posted worse-than-expected results for the first nine months of 2023 as the company's CEO said the firm is now working on a new range of goods to “serve as companion products” to weight-loss drugs that pose a threat to the confectionary company's revenue.
Nestle on Thursday said it has started work on products to "companion" weight loss drugs like Novo Nordisk's game-changing Wegovy, hoping to cash in on their growing popularity.
Nestle's real internal growth has been negative, owing to pricing growth outpacing organic growth. Increasing price competition in the French market could place further pressure on growth for Nestle. I do not take a bullish view on Nestle at this time.