Market Overview

Nestle Sales Surge 11%

Related NSRGY
Sorry Cigar Aficionados, Cuba's First Major Export To The U.S. Will Be Coffee
Citi Analysts Dubious Of Hershey Takeover Rumors
Dividend Stocks To Watch After Brexit (Seeking Alpha)

Nestle SA (OTC: NSRGY) reported an 11% rise in its total sales for the first nine months of the year.

Nestle's sales for the period surged to 67.57 billion Swiss francs, beating analysts' estimates of CHF67.3 billion. In Europe, sales growth slowed to 1.9% from 2.4%, while sales growth in Americas dropped to 5.5% from 5.7%.

Nestle shares closed at $67.48 yesterday.

Posted-In: SalesNews


Related Articles (NSRGY)

View Comments and Join the Discussion!