Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Deutsche Boerse AG  >  Nestlé S.A.    NESR   CH0038863350

NESTLÉ S.A.

(NESR)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

Nestle USA Exiting Direct-Store-Delivery Network for Pizza and Ice Cream

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/07/2019 | 01:52pm EDT

By Josh Beckerman

Nestle USA will exit its company-owned frozen direct-store-delivery network for pizza and ice cream, planning to shift to a warehouse model starting in the third quarter.

The company will close eight distribution centers.

The Nestle SA (NESN.EB, NSRGY) unit said "leveraging a simpler route to market unlocks resources we can use to fuel our efforts in demand generation, such as product innovation and brand building."

Nestle noted "unprecedented shifts in consumer behavior," while its retail customers "also are evolving."

The transition is expected to be complete early in the second quarter of 2020.

In February 2017, Kellogg Co. (K) said it would exit its direct-store-delivery network for its U.S. snacks business, reducing complexity and cost structure.

Write to Josh Beckerman at josh.beckerman@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
LONDON COFFEE -1.07% 1765 End-of-day quote.0.00%
LONDON SUGAR -0.64% 339.3 End-of-day quote.1.59%
NESTLÉ S.A. -0.81% 103.12 Delayed Quote.30.28%
NESTLÉ S.A. -0.08% 90.53 Delayed Quote.27.15%
NEW YORK COCOA -1.07% 2488 End-of-day quote.2.85%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on NESTLÉ S.A.
10/18TODAY'S LOGISTICS REPORT : Fred Smith's Growing FedEx Challenge; Seeking Rail Vo..
DJ
10/18NESTLE REPORTS NINE-MONTH SALES FOR : 00 CEST Investor call audio webcast
AQ
10/18NESTLE S A : announces changes to its waters business, establishes Group Strateg..
AQ
10/18Nestlé to Refresh Bottled-Water Business -- WSJ
DJ
10/18Hong Kong tourism fall hits cognac sales at Remy Cointreau
RE
10/17Consumer Cos Up Slightly Amid Mixed Economic, Earnings Data -- Consumer Round..
DJ
10/17EUROPE : Tempered Brexit hopes drag European stocks into red
RE
10/17Nestlé to Refresh Bottled-Water Business as Sales Turn Flat -- Update
DJ
10/17Emerging markets come off the boil for Nestle and Unilever
RE
10/17GLOBAL MARKETS LIVE : Nestlé, Netflix, Huawei, General Motors…
More news
Financials (CHF)
Sales 2019 93 409 M
EBIT 2019 16 600 M
Net income 2019 12 320 M
Debt 2019 27 758 M
Yield 2019 2,61%
P/E ratio 2019 24,5x
P/E ratio 2020 23,3x
EV / Sales2019 3,48x
EV / Sales2020 3,47x
Capitalization 298 B
Chart NESTLÉ S.A.
Duration : Period :
Nestlé S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 111,73  CHF
Last Close Price 103,12  CHF
Spread / Highest target 18,3%
Spread / Average Target 8,35%
Spread / Lowest Target -14,7%
EPS Revisions
Managers
NameTitle
Ulf Mark Schneider Chief Executive Officer & Director
jeff hamilton President
Paul Bulcke Chairman
Magdi Batato Executive Vice President-Operations
François-Xavier Michel Marie Roger Chief Financial Officer & Executive Vice President
Sector and Competitors
1st jan.Capitalization (M$)
NESTLÉ S.A.27.15%301 985
NESTLÉ S.A.30.28%301 985
MONDELEZ INTERNATIONAL36.10%78 568
DANONE16.99%51 929
THE KRAFT HEINZ COMPANY-35.85%33 684
THE HERSHEY COMPANY42.50%32 080