Nestle Needs to Convince on Volume Recovery -- Market Talk

Dow Jones04-25

1047 GMT - Nestle needs to spell out how volumes will accelerate in 2Q and what they are doing on the innovation front to improve its market share, Barclays analysts write. The bank expected real internal growth--a measure of volumes--to fall 1% versus a 0.5% fall seen by consensus. However, the actual drop of 2% is even worse. Nestle points to a strong rebound in 2Q RIG with reliable delivery for the remainder of the year, but little credit is likely to be given until a much better RIG print is seen, they say. "If Nestle can convince on this reliable delivery from here, today could be a clearing event but unlikely to be seen that way initially." Barclays rates Nestle at overweight with a CHF110 price target. Shares trade 3.4% lower at CHF90.78. (dominic.chopping@wsj.com)

(END) Dow Jones Newswires

April 25, 2024 06:47 ET (10:47 GMT)

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Nestle points to a strong rebound in 2Q RIG with reliable delivery for the remainder of the year, but little credit is likely to be given until a much better RIG print is seen, they say. \"If Nestle can convince on this reliable delivery from here, today could be a clearing event but unlikely to be seen that way initially.\" Barclays rates Nestle at overweight with a CHF110 price target. Shares trade 3.4% lower at CHF90.78. (dominic.chopping@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 25, 2024 06:47 ET (10:47 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nestle Needs to Convince on Volume Recovery -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNestle Needs to Convince on Volume Recovery -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 18:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>1047 GMT - Nestle needs to spell out how volumes will accelerate in 2Q and what they are doing on the innovation front to improve its market share, Barclays analysts write. The bank expected real ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4212","symbol_name":"包装食品与肉类","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2430084164","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2430084164","pubTimestamp":1714042020,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1047 GMT - Nestle needs to spell out how volumes will accelerate in 2Q and what they are doing on the innovation front to improve its market share, Barclays analysts write. The bank expected real internal growth--a measure of volumes--to fall 1% versus a 0.5% fall seen by consensus. However, the actual drop of 2% is even worse. Nestle points to a strong rebound in 2Q RIG with reliable delivery for the remainder of the year, but little credit is likely to be given until a much better RIG print is seen, they say. \"If Nestle can convince on this reliable delivery from here, today could be a clearing event but unlikely to be seen that way initially.\" Barclays rates Nestle at overweight with a CHF110 price target. Shares trade 3.4% lower at CHF90.78. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4212":"包装食品与肉类","03165":"华夏欧优股对冲","NSRGY":"雀巢"},"translate_title":"雀巢需要说服销量恢复——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NSRGY":0.9,"03165":0.6},"content_text":"1047 GMT - Nestle needs to spell out how volumes will accelerate in 2Q and what they are doing on the innovation front to improve its market share, Barclays analysts write. The bank expected real internal growth--a measure of volumes--to fall 1% versus a 0.5% fall seen by consensus. However, the actual drop of 2% is even worse. Nestle points to a strong rebound in 2Q RIG with reliable delivery for the remainder of the year, but little credit is likely to be given until a much better RIG print is seen, they say. \"If Nestle can convince on this reliable delivery from here, today could be a clearing event but unlikely to be seen that way initially.\" Barclays rates Nestle at overweight with a CHF110 price target. Shares trade 3.4% lower at CHF90.78. 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