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Nestle (NESN) is a Swiss food and beverage company, established in 1866 and based in Vevey, Vaud, Switzerland. The company produces and markets baby foods, cereals, coffee, chocolate, drinks, healthcare nutrition, ice cream, etc. Nestle’s portfolio includes more than 2,000 brands. With a team of approximately 328,000 employees, the company operates in 86 countries and markets in 191 countries worldwide. Nestle is listed on the SIX Swiss Exchange. The Nestle share price (NESN) is available at Capital.com.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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