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104.059998 USD
2.43
2.39%
Last update Mar 6, 1:16 PM EST
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Day range
100
104.059998
Previous close
101.63000
Open
100
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Nestlé S.A.
104.06
2.43
2.39%

Overview

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Description

Nestlé S.A. is the world's largest manufacturer of packaged food and beverage products, headquartered in Vevey, Switzerland. Founded through the 1905 merger of the Anglo-Swiss Condensed Milk Company (1866) and Farine Lactée Henri Nestlé (1867), it has evolved into a multinational powerhouse operating in nearly 200 countries with around 277,000 employees and over 2,000 brands. The company offers a vast portfolio spanning baby food like Gerber, chocolates such as Kit Kat, coffee including Nescafé and Nespresso, frozen meals, ice cream like Häagen-Dazs, breakfast cereals, and pet care products under Purina. Nestlé's strategy emphasizes mergers and acquisitions to broaden offerings, alongside adaptations to consumer trends toward health and wellness, such as removing artificial ingredients and developing nutritious alternatives like plant-based foods and lactose-free formulas. It impacts global food sectors profoundly, balancing innovation in nutrition with a presence across consumer, pet, and health markets, while navigating supply chain and environmental challenges.

About

CEO
Mr. Philipp Navratil
Employees
251786
Address
Avenue Nestlé 55
11 Bermudiana Road
Vevey, 1800, MI
Switzerland
Phone
41 21 924 1111
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Packaged Foods
Country
United States
MIC code
PINX
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