Nestle SA

NESN: XSWX (CHE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	CHF 756.00	Gbn	Ljfwtbw

Nestle: 9M Sales Slightly Below Expectations and Driven by Pricing, but Guidance Maintained

Ioannis Pontikis

Oct 19, 2023

Nestle reported a nine-month sales update that included strong organic growth of 7.8% (real internal growth of negative 0.6% and pricing up 8.4%), below company-compiled consensus estimates of 8.1%, driven predominantly by worse-than-expected pricing (0.2% below consensus).

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