Nestle stock is too cheap, says major investor

Morgan Stanley upgrades Nestlé, sees fair valuation

Nestle chairman sees need for action on product prices

Nestle updates medium-term guidance, plans to cut costs by $2.8 billion

Nestle SA plans to increase advertising spending while cutting costs by $2.8 billion by 2027, aiming for over 4% organic sales growth, under new CEO Laurent Freixe.

Nestle to cut costs, boost marketing under CEO Freixe

Nestlé plans to increase marketing spending, cut costs, and establish its water and premium drinks units as a standalone entity to drive growth under new leadership.

Nestle's KitKat signs Formula 1 deal as CEO Freixe seeks broader appeal

Nestle's KitKat signs a global sponsorship with Formula 1 to enhance brand reach and appeal to younger consumers, marking a significant shift in its marketing strategy.

Global food giants deepen price cuts to tempt China's wary shoppers

International firms like Danone and Nestle cut prices and adapt to changing consumer preferences in China, where local products grow in popularity amidst a slow economy.

Analysis-Nestle CEO Freixe's turnaround plan faces challenge from weak consumer

Nestle's new CEO Laurent Freixe plans to focus on top brands amid weak consumer demand, facing challenges after lowering sales forecasts. Turnaround expected to be gradual.

Nestle stock dips as Citi downgrades on low visibility

Citi downgraded Nestle due to earnings risks and slower sales growth, reducing the stock price target and projecting margin pressures for the upcoming fiscal years.

Nestlé stock maintains Neutral rating from UBS amid CEO change

Nestlé S.A. aims to enhance market execution under new CEO Laurent Freixe, focusing on investments, productivity, and a strategic approach to organic sales growth amidst challenges.