Nestle's Results Build Credibility

Dow Jones10-22

0936 GMT - Nestle gave a helpful update for the third quarter that will likely build credibility, according to Jefferies analyst David Hayes. He says the company delivered stronger real internal growth--a measure of volume of products sold--than analysts anticipated. The consumer goods giant on Thursday reported sales above company-compiled estimates. Shares are up 1.13%.

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment