U.S. stocks move: Nestlé rises over 5%, Q1 organic sales growth of 3.5% beats expectations and sells its Blue Bottle subsidiary
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Golden Globe April 23|Nestlé (NSRGY.US) rose more than 5%, reaching a high of $102.06, marking a new high in over a month. On the news side, Nestlé's natural sales growth in the first quarter was 3.5%, exceeding analysts' expectations, driven by strong snack and coffee sales, which offset the impact from the recall of infant formula in more than 60 countries. The company maintains its full-year guidance, aiming for internal growth between about 3% and 4%, with the basic trading operating profit margin expected to increase year-on-year and further strengthen in the second half, and free cash flow projected to exceed 9 billion Swiss francs. In addition, Nestlé announced the sale of Blue Bottle to Luckin Coffee shareholder Dachen Capital.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Rig Tenders releases 2026 Annual and Sustainability Report
Bitget•2026/09/28 07:28
Spot gold drops over 3%, COMEX gold futures plunge over 3%.
AiCoin•2026/09/28 07:25
TKG Huchems signs KRW 337.82 billion nitric acid supply contract for Indonesia
Bitget•2026/09/28 07:17
"The Big Short" Burry: AI infrastructure has become a key pillar of the US economy; Trump cannot afford to let the AI boom fail
Michael Burry stated that the current success of the artificial intelligence (AI) industry is just as crucial for the U.S. government as it is for the tech giants driving this boom.
智通财经•2026/09/28 07:16
Crypto prices
MoreBitcoin
BTC
$82,912.75
-1.98%
Ethereum
ETH
$2,643.1
-2.52%
Tether USDt
USDT
$0.9995
-0.03%
BNB
BNB
$760.85
-2.05%
XRP
XRP
$1.47
-3.74%
USDC
USDC
$0.9999
-0.00%
Solana
SOL
$118.2
-3.29%
TRON
TRX
$0.3334
+0.01%
Zcash
ZEC
$1,545.81
-6.98%
Hyperliquid
HYPE
$88.88
-4.47%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now