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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Nestlé S.A.    NESN   CH0038863350

NESTLÉ S.A.

(NESN)
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Nestlé USA to Voluntarily Recall Some of Its Refrigerated Cookie Dough

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10/31/2019 | 03:01pm EST

By Stephen Nakrosis

Nestlé USA said Thursday it was voluntarily recalling some ready-to-bake refrigerated Nestlé Toll House Cookie Dough products "due to the potential presence of food-grade rubber pieces."

Nestle said the recall was limited to ready-to-bake refrigerated products with batch codes that begin with 9189 through batch codes that begin with 9295. The products include Simply Delicious Nestlé Toll House Chocolate Chip Cookie Dough, Nestlé Toll House Chocolate Chip Lovers Club Tub, Nestlé Toll House Pinch of Grinch Cookie Dough and Nestlé Toll House Ultimate Turtles Cookie Bar.

The company said it is "taking this action out of an abundance of caution after receiving reports of food-grade pieces of rubber in some of these products. We have identified the source of the rubber and have already fixed the issue."

Nestle also said "no illnesses or injuries have been reported that required medical treatment."

Customers should discard the products and contact the company for a refund, Nestle said.

--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

Stocks mentioned in the article
ChangeLast1st jan.
LONDON COFFEE -1.07% 1765 End-of-day quote.0.00%
LONDON SUGAR -0.29% 345.1 End-of-day quote.3.32%
NESTLÉ S.A. 1.33% 103.9 Delayed Quote.30.20%
NEW YORK COCOA 1.26% 2645 End-of-day quote.9.34%
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Financials (CHF)
Sales 2019 93 216 M
EBIT 2019 16 458 M
Net income 2019 12 568 M
Debt 2019 27 624 M
Yield 2019 2,59%
P/E ratio 2019 24,5x
P/E ratio 2020 23,6x
EV / Sales2019 3,51x
EV / Sales2020 3,51x
Capitalization 300 B
Chart NESTLÉ S.A.
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Technical analysis trends NESTLÉ S.A.
Short TermMid-TermLong Term
TrendsNeutralNeutralBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 28
Average target price 111,57  CHF
Last Close Price 103,90  CHF
Spread / Highest target 17,4%
Spread / Average Target 7,39%
Spread / Lowest Target -15,3%
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
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