Nestlé S.A.

NESN

CH0038863350

Food Processing

Market Closed - Swiss Exchange Other stock markets 11:31:57 2024-04-25 am EDT			5-day change	1st Jan Change
92.08 ^CHF	-2.02%		-1.24%	-5.57%

Apr. 25	Equities fall amid earnings gloom, as persistent inflation lifts Treasury yields	RE
Apr. 25	Swiss Stocks Slump Amid US GDP Focus; Anglo American Shines on BHP Deal	MT

Nespresso USA files suit against Peet’s Coffee for alleged trademark infringement

March 18, 2022 at 01:40 pm EDT

Nespresso USA Inc. has sued Peet's Coffee in Manhattan federal court claiming that the company's coffee pods violate Nespresso's capsule design trademark rights, according to a Reuters report.

The suit claimed that Peet's capsules mislead customers through advertising to believe the pods are compatible with Nestle's Nespresso machine and that Peet's capsules were "nearly identical" to Nespresso's.

Nespresso also said Internet product reviews of Peet's pods refer to them as Nespresso pods and has asked the court to award the company profits from what it claims are infringing capsules.

Peet's declined to comment to Reuters.

Peet's had not responded to Vending Times' request for comment at the time of this report.

Latest news about Nestlé S.A.

Equities fall amid earnings gloom, as persistent inflation lifts Treasury yields	Apr. 25	RE
Swiss Stocks Slump Amid US GDP Focus; Anglo American Shines on BHP Deal	Apr. 25	MT
Global markets live: Ford, Dow, American Airlines, Comcast, Apple, IBM, Cisco...	Apr. 25
NESTLE : Gets a Sell rating from Jefferies	Apr. 25	ZD
NESTLE : Baader Bank gives a Buy rating	Apr. 25	ZD
Dpa-AFX Overview: COMPANIES from 25.04.2024 - 15:15	Apr. 25	DP
NESTLE : Deutsche Bank keeps its Buy rating	Apr. 25	ZD
NESTLE : JP Morgan keeps its Buy rating	Apr. 25	ZD
Transcript : Nestlé S.A., Q1 2024 Sales/ Trading Statement Call, Apr 25, 2024	Apr. 25
Nestle India Reports Rise in Quarterly Profit, Announces JV With Dr. Reddy's Laboratories	Apr. 25	DJ
Banking Stocks Lift Indian Equities Higher	Apr. 25	MT
Nestlé Expands Premium Coffee Segment in India	Apr. 25	MT
Nestle India's Consolidated Net Profit in Fiscal Q4	Apr. 25	MT
European Midday Briefing : Mood Cautious Ahead of More U.S Tech, Key Data	Apr. 25	DJ
News Highlights : Top Company News of the Day - Thursday at 5 AM ET	Apr. 25	DJ
NESTLE : RBC reiterates its Neutral rating	Apr. 25	ZD
Nestlé: targets confirmed despite disappointing 1st quarter	Apr. 25	CF
Nestle India, Dr. Reddy's Laboratories to Establish New Joint Venture	Apr. 25	MT
Nestle Sales Growth Slows Sharply as Consumer Demand Remains Weak -- 2nd Update	Apr. 25	DJ
News Highlights : Top Company News of the Day - Thursday at 3 AM ET	Apr. 25	DJ
Nestle India subsidiary beats profit estimates on higher demand	Apr. 25	RE
European stocks slip as mixed earnings offset M&A cheer	Apr. 25	RE
Nestle Sales Growth Slows Sharply as Consumer Demand Remains Weak -- Update	Apr. 25	DJ
Nestle Sales Growth Slows Sharply as Consumer Demand Remains Weak	Apr. 25	DJ
Sanofi Q1 profit slips on generic competition, forex effects	Apr. 25	RE

Chart Nestlé S.A.

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Company Profile

Nestlé S.A. is the world's leading agri-food group. Net sales break down by category of products as follows: - powdered and liquid beverages (26.7%): soluble coffees (Nescafé and Starbucks brands), coffee in capsules (Nespresso), chocolate drinks (Nesquik, Milo, etc.), tea drinks (Nestea), etc.; - pet food (20.3%): brands such as Purina, Friskies, Felix, etc.; - pharmaceutical, nutrition and well-being products (16.4%): nutritional supplements (Resource, Boost, Nutren, Optifast, Peptamen brands, etc.), infant and maternal nutrition products (NAN, illuma, Cerelac, Nido, Gerber), ketogenic beverages (BrainXpert), (Nesquick, Fitness, Cheerios, Lion, etc.), etc.; - ready meals and seasoning products (12.5%): frozen and chilled dishes (Lean Cuisine, Hot Pockets and Stouffer's brands), soups (Maggi), etc.; - dairy products and ice cream (11.8%): powdered milk, sweetened condensed milk, yoghurt and cream desserts, ice cream (Nido, Nesvita, Carnation, La Laitière, Coffee Mate, Nestlé Ice Cream, Dreyers, Häagen-Dazs, Extrême brands, etc.); - chocolates, sweets and biscuits (8.7%): Kit Kat, Smarties, Cailler, Terrafertil, etc. brands; - bottled waters (3.6%): Nestlé Pure Life, Vittel, Perrier, S. Pellegrino, etc. brands. Net sales are distributed geographically as follows: Switzerland (1.2%), France (3.8%), the United Kingdom (3.8%), Germany (2.4%), Europe (12.8%), the United States and Canada (35%), China (5.9%), Asia and Oceania (21.4%) and Latin America (13.7%).

Sector

Food Processing

Calendar

2024-07-25 - Q2 2024 Earnings Release

Related indices

SMI , STOXX EUROPE 600 (EUR)

More about the company

Income Statement Evolution

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Analysis / Opinion

Nestlé CEO Mark Schneider: Outlook, acquisitions, inflation

December 13, 2023 at 08:03 am EST

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Ratings for Nestlé S.A.

Trading Rating

Investor Rating

ESG Refinitiv

A-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

92.08 CHF

Average target price

108.8 CHF

Spread / Average Target

+18.16%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Other Food Processing

Nestlé S.A.

Equities

NESN

CH0038863350

Food Processing

Nespresso USA files suit against Peet’s Coffee for alleged trademark infringement

EPS Revisions