Previous close | 100.00 |
Open | 99.20 |
Bid | 99.45 x 40000 |
Ask | 100.70 x 40000 |
Day's range | 99.20 - 100.00 |
52-week range | 95.73 - 123.70 |
Volume | |
Avg. volume | 13,062 |
Market cap | 256.658B |
Beta (5Y monthly) | 0.32 |
PE ratio (TTM) | 20.64 |
EPS (TTM) | 4.83 |
Earnings date | 25 Jul 2024 |
Forward dividend & yield | 3.29 (3.30%) |
Ex-dividend date | 22 Apr 2024 |
1y target est | N/A |
Unilever (UL) shares are rising after seeing revenue rise over 2% in the first half of the year. Meanwhile, shares of Nestle (NESN.SW) are falling after the company slashed its full-year guidance. In the video above, Jared Blikre and Seana Smith break down why these two big consumer brands are trading in opposite directions. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
The maker of household brands from KitKat to Cheerios said it had cut its outlook for sales growth this year as a result.
(Reuters) -Nestle and Unilever may be raising prices more slowly but it has not been enough to win back some cost-conscious customers. The consumer goods giants both reported first-half sales growth which was below market expectations on Thursday. Shares of Dove soap maker Unilever rose 6.2% as it nonetheless maintained its annual sales forecast and posted a first half profit beat, but Kit-Kat maker Nestle fell 5.5% after it lowered its sales outlook.