Nestle SA ADR
NSRGY: OTCM (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >Pk | LOCK|X? | LOCK|!WZ^Hx$ |
Nestlé: Organic Sales Beat Expectations Despite Infant Formula Headwinds; Shares Fairly Valued
Nestlé delivered organic sales growth of 3.5% in the first quarter, driven by 1.2% volume growth and 2.3% pricing. While slowing sequentially, the result is solid, particularly given the infant formula disruptions experienced during the period. Shares surged 7% at the market open on April 23.
