Nestle expects FY23 organic sales growth between 6% and 8% and underlying trading operating profit margin between 17.0% and 17.5%. Underlying earnings per share in constant currency is expected to increase between 6% and 10%.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on NSRGY:
- Nestle initiated with a Neutral at Bryan Garnier
- Nestle Purina recalls select lots of dry dog food over vitamin D concerns
- Purina Announces Planned Acquisition of Red Collar Pet Foods’ Treats Factory in Miami, Oklahoma
- CEO says Nestle to hike food prices further this year, Reuters reports
- Nestle Canada announces wind down, exit of Frozen Meals & Pizza business