Nestle S.A. ADR (NSRGY) - OTCPK - Current
  • Thu, Feb. 18, 4:31 AM
    • Nestle (OTCPK:NSRGY) saw global sales growth decelerate in 2015 as a pick-up in the U.S. failed to offset weakness across Asia, especially in India where its Maggi noodles were hit by a health scare.
    • The company reported organic sales growth of 4.2% - the bottom end of the "about 4.5%" range it forecast in October - marking the third successive year the group has failed to achieve its target of 5-6% annual growth.
    • Nestle Chief Executive Paul Bulcke described 2015 as a "challenging environment," a situation he expected to continue this year.
    | Thu, Feb. 18, 4:31 AM | 7 Comments
  • Thu, Feb. 4, 5:06 AM
    • Nestle (OTCPK:NSRGY) has agreed to buy out Osem Investments (OTC:OSEMF), Israel’s largest publicly-traded foodmaker, for about 3.3B shekels ($840M), returning to acquisitions in the industry after a series of divestments.
    • Nestle will pay Osem investors 82.50 shekels a share to buy the 36.3% stake it doesn't already own, the Swiss company said in a statement.
    • According to Bloomberg, the purchase is Nestle's biggest food acquisition since 2012.
    | Thu, Feb. 4, 5:06 AM | 2 Comments
  • Thu, Jan. 14, 7:50 AM
    • Chocolate producers are working together to improve low cocoa crop yields in an effort to meet rising global demand.
    • Older trees and poor crop management have held down yields in both Ivory Coast and Ghana.
    • A higher level of production could have a ripple effect across the broader cocoa market.
    • Related stocks: MDLZ, HSY, OTCPK:NSRGY, OTC:BYCBF, ADM.
    • ETFs: NIB, CHOC
    | Thu, Jan. 14, 7:50 AM | 2 Comments
  • Dec. 29, 2015, 5:28 PM
    • Coffee prices continue to fall as strong El Nino rains in Brazil help to boost crop yields. The next harvest in the nation is forecast to be up 20% Y/Y at 58M bags.
    • Even with Arabica prices down 28% this year, analysts see another swing lower for coffee in 2016 due to the oversupply situation.
    • Weak currencies in South America are also providing a strong incentive to local producers to sell as much as they can.
    • The trend toward low coffee prices is helping to lift margins for many coffee sellers with U.S. retail prices only down 4% to 5% this year. Companies light on hedging positions are seeing the biggest benefit.
    • Most execs play coy over the bottom line benefit of lower coffee commodity prices, but even Starbucks CFO Scott Maw had to concede that pricing looked a "little bit favorable" during the firm's last earnings call (transcript).
    • Coffee futures chart
    | Dec. 29, 2015, 5:28 PM | 22 Comments
  • Nov. 23, 2015, 10:47 AM
    • Nestle (OTCPK:NSRGY, OTCPK:NSRGF) confirms it found instances of labor abuse with suppliers the company utilizes from Thailand.
    • The company plans to publish a detailed report on the issue and a strategy to protect workers.
    • Thailand accounts for a small percentage of Nestle's overall business.
    | Nov. 23, 2015, 10:47 AM
  • Nov. 9, 2015, 2:12 AM
    • Nestle (OTCPK:NSRGY) India has resumed selling its Maggi noodles in the country, five months after the popular snack was banned over the presence of unsafe lead levels.
    • Since the discovery in May, Nestle had to destroy 400M packets and stop production of Maggi noodles, biting into its profit margins with a $67M recall.
    • However, fresh tests mandated by the Bombay High Court last month found that lead content in the products was at a safe level.
    • Previously: Nestle India to restart sales of Maggi noodles (Oct. 16 2015)
    • Previously: Nestle cuts guidance as sales dip (Oct. 16 2015)
    | Nov. 9, 2015, 2:12 AM
  • Oct. 29, 2015, 9:08 AM
    • China will end a long-time policy of limiting families to one child, according to Xinhua News. No specific timetable was set.
    • The government has been slowly relaxing some of the rules around the restrictive policy.
    • Companies seen potentially getting a marginal benefit from the development over time if families become larger include Hasbro (NASDAQ:HAS), Mattel (NASDAQ:MAT), Danone (OTCQX:DANOY), Nestle (OTCPK:NSRGY, OTCPK:NSRGF), Procter & Gamble (NYSE:PG), and Mead Johnson Nutrition (NYSE:MJN). Add your own ideas in the comments stream.
    | Oct. 29, 2015, 9:08 AM | 31 Comments
  • Oct. 20, 2015, 9:45 AM
    | Oct. 20, 2015, 9:45 AM | 1 Comment
  • Oct. 16, 2015, 7:04 AM
    • Nestle India rallied in Bombay trading after the company announced it would restart sales of Maggi noodles.
    • The noodles are expected to be back on the shelf after laboratory tests indicated the product tested below the allowable level of lead.
    • Nestle India is a subsidiary of Nestle (OTCPK:NSRGY, OTCPK:NSRGF).
    | Oct. 16, 2015, 7:04 AM | 1 Comment
  • Oct. 16, 2015, 3:24 AM
    • Plagued by a Maggi noodle recall and a strong Swiss franc, Nestle (OTCPK:NSRGY) reported weak sales growth during the nine months to September that missed analyst forecasts.
    • Underlying growth slowed to 4.2% vs. estimates of 4.7%, sliding further behind the 5-6% organic growth target the company refers to as the "Nestle Model."
    • The food maker now expects organic sales growth of 4.5% in 2015.
    | Oct. 16, 2015, 3:24 AM | 1 Comment
  • Oct. 5, 2015, 7:35 AM
    • Nestle (OTCPK:NSRGY) is closing in on a major ice cream partnership, sources tell Reuters.
    • The company is expected to form a 50-50 joint venture with R&R Ice Cream in a €3B ($3.4B) tie-up.
    • R&R Ice Cream is the largest producer of ice cream in Europe by volume.
    | Oct. 5, 2015, 7:35 AM
  • Sep. 23, 2015, 9:12 AM
    • Nestle (OTCPK:NSRGY) continues to expand its push into medicine through a new deal signed with a Swiss biotech player.
    • The packaged food giant will partner with AC Immune on development of an Alzheimer's disease test.
    • Medical products still account for less than 10% of Nestle's sales.
    | Sep. 23, 2015, 9:12 AM | 2 Comments
  • Aug. 28, 2015, 2:27 AM
    • According to forecasts from Beverage Marketing, bottled water sales volume grew at a rate of 7% in the U.S. last year to put it on pace to outsell soda by 2017.
    • That's not necessarily all bad news for Coca-Cola (NYSE:KO), Pepsi (NYSE:PEP) and Nestle (OTCPK:NSRGY), which offer several bottled water brands, though it's not an ideal trend.
    • The wholesale gallon price of water fell 25% over the past decade compared to a 33% rise in soda prices, and more companies continue to pour into the market.
    • Previously: Beverage companies shift focus to water (Jan. 15 2014)
    | Aug. 28, 2015, 2:27 AM | 30 Comments
  • Aug. 20, 2015, 3:20 PM
    • 3G Capital continues to be a major influence in the food industry as recent job cuts at Kraft and Heinz send a strong message.
    • Management at Nestle (OTCPK:NSRGY), Mondelez International (NASDAQ:MDLZ), Kellogg (NYSE:K), and Campbell Soup (NYSE:CPB) are utilizing a "zero-base budgeting" philosophy similar to the efficiency model pushed by 3G, according to Bloomberg.
    • Kraft Heinz (NASDAQ:KHC) is expected to cut $1.5B in annual costs before 2018, a disciplined approach likely to be copied by peers.
    | Aug. 20, 2015, 3:20 PM | 20 Comments
  • Aug. 19, 2015, 11:38 AM
    • Large food companies need to focus on bold M&A and innovation actions over recharging iconic brands, concludes Rabobank in a new report on the sector.
    • A shift in consumer preferences has sparked a need to introduce new brands which are on trend - instead of focusing on "innovation-lite" and product reformulation strategies. Buying promising brands at an earlier stage than normal is seen as a forward-thinking strategy.
    | Aug. 19, 2015, 11:38 AM | 22 Comments
  • Aug. 14, 2015, 1:44 PM
    • Nestle (OTCPK:NSRGY, OTCPK:NSRGF) or General Mills (GIS +0.5%) could make a run at Mondelez International (MDLZ +0.9%) with Berkshire Hathaway and 3G effectively taking themselves out of the bidding process for a few years due to the Kraft-Heinz merger, speculates The Deal.
    • A buyer of Mondelez will have to be heavy hitter due to the company's estimated enterprise value of +$90B. PepsiCo (PEP +0.3%) fits the bill and has Nelson Peltz backing the play, but has a board and CEO seemingly uninterested.
    | Aug. 14, 2015, 1:44 PM | 26 Comments
Company Description
Nestle S.A. is a holding company which is based in Switzerland. Nestle has the ambition to be the leading Nutrition, Health and Wellness company by offering tastier and healthier products to consumers. Nestle has a unrivalled portfolio of brands and products that are present in the day-to-day... More
Industry: Food - Major Diversified
Country: Switzerland