Core Viewpoint - The stock market is at record highs, but there is a significant chance of a recession in the near future, prompting investors to seek defensive stocks to mitigate potential losses [1][2]. Group 1: Economic Context - There is an approximately 58 percent chance that the U.S. economy will enter a recession within the next 12 months, based on economic forecasts that analyze various interest rates [1]. - Current economic conditions include soaring inflation and interest rates, heightened geopolitical tensions, and upcoming presidential elections, all contributing to market volatility [2]. Group 2: Defensive Stocks - **Walmart (WMT)**: - Walmart is a leading retail operation with a strong presence in the North American grocery market and a growing e-commerce segment [4]. - It was the only stock in the Dow Jones Industrial Average that increased during the 2008 Financial Crisis, as its focus on value attracted consumers facing economic hardships [5]. - WMT stock is currently at all-time highs, benefiting from higher-income consumers seeking savings and improving profit margins as pandemic-related disruptions fade [6]. - **Procter & Gamble (PG)**: - Procter & Gamble is a major player in consumer wellness and cleaning products, with over 20 brands generating at least $1 billion in annual revenues, totaling more than $80 billion in annual revenues [8][9]. - PG shares had been flat for two years but have recently reached new all-time highs due to strong earnings and an improving outlook, making it a safe haven as the economy cools [10]. - **Nestle (NSRGY)**: - Nestle is one of the largest producers of packaged foods and generates approximately $102 billion in annual revenues [12]. - Although NSRGY stock has been flat over the past five years, it has risen over 900 percent since 1995 and consistently increases its dividend, making it a solid defensive stock for bear markets [14].

Milk products and Ice cream reported negative growth, reflecting, a high base of comparison in the prior year, particularly for our Coffee Mate business, and portfolio optimization actions. Growth in Confectionery was mid-single digit with sustained broad-based growth for KitKat, which continues to gain share across all geographies. And finally, sales in Water improved to a mid-single digit rate, underpinned by a rebound in Perrier and strong momentum for San Pellegrino. Overall, market shares are on an imp ...

Jon Cox - Kepler Luca, thank you, and a warm welcome to our conference call participants today. As always, we do appreciate your interest in our company, and we look forward to answering your questions. Let me move straight to the key messages for the year. I believe that in the context of soft consumer demand in the food industry, we have demonstrated resilient performance. I think in this environment, we did come in within our guided range both on organic growth and profitability. We did show, as we had i ...

This presentation contains forward looking statements which reflect Management's current views and estimates. The forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchange fluctuations, competitive product and pricing pressures and regulatory developments. • Strong organic sales growth of ...

Nestlé S.A. (OTCPK:NSRGY) Q3 2023 Earnings Conference Call October 19, 2023 7:00 AM ET Company Participants Luca Borlini - Head, Investor Relations Mark Schneider - Chief Executive Officer Francois Roger - Executive Vice President & Chief Financial Officer Conference Call Participants Guillaume Delmas - UBS Warren Ackerman - Barclays Celine Pannuti - JPMorgan Patrik Schwendimann - Zurcher Kantonalbank Jeremy Fialko - HSBC Bruno Monteyne - Bernstein James Edwardes Jones - RBC Tom Sykes - Deutsche Bank Jeff S ...

Nestle S.A. (OTCPK:NSRGY) Q2 2023 Earnings Conference Call July 27, 2023 8:00 AM ET Company Participants Luca Borlini - Head, Investor Relations Mark Schneider - Chief Executive Officer Francois Roger - Executive Vice President, Chief Financial Officer Conference Call Participants Warren Ackerman - Barclays Jon Cox - Kepler Cheuvreux Celine Pannuti - JPMorgan Patrik Schwendimann - Zurcher Kantonalbank Guillaume Delmas - UBS Bruno Monteyne - Bernstein Tom Sykes - Deutsche Bank Jeremy Fialko - HSBC Jeffrey St ...

87 Nestle Good food, Good life Half-year results 2023 PURINA Disclaimer | --- | --- | |-----------------------------------------------------------------------------------|-----------------------| | | | | Management's current views and estimates. The forward looking | statements | | involve certain risks and uncertainties that could cause actual results to differ | | | materially from those contained in the forward looking | statements. Potential | | risks and uncertainties include such factors as general ec ...

Nestle SA (OTCPK:NSRGY) Q4 2022 Earnings Conference Call February 16, 2023 8:00 AM ET Company Participants Luca Borlini - Head, IR Mark Schneider - CEO François Roger - EVP & CFO Conference Call Participants Jon Cox - Kepler Cheuvreux Guillaume Delmas - UBS Celine Pannuti - JPMorgan Chase & Co. Patrik Schwendimann - Zürcher Kantonalbank Jeremy Fialko - HSBC John Ennis - Goldman Sachs Group Jeffrey Stent - BNP Paribas Exane Bruno Monteyne - Sanford C. Bernstein & Co. Thomas Sykes - Deutsche Bank James Jones ...

Nestle SA (OTCPK:NSRGY) Q1 2022 Earnings Conference Call April 21, 2022 8:00 AM ET | --- | |--------------------------------------------------------| | | | Company Participants | | Luca Borlini - Head of IR | | Mark Schneider - CEO | | Francois Roger - CFO | | Conference Call Participants | | Celine Pannuti - JPMorgan | | Guillaume Delmas - UBS | | Warren Ackerman - Barclays Bruno Monteyne - Bernstein | | Jon Cox - Kepler Cheuvreux | | Pascal Boll - Stifel | | James Targett - Berenberg | | Tom Sykes - Deuts ...

Investor call 2022 Three-month sales Disclaimer | --- | --- | |-----------------------------------------------------------------------------------|-------| | | | | Management's current views and estimates. The forward looking statements | | | involve certain risks and uncertainties that could cause actual results to differ | | | materially from those contained in the forward looking statements. Potential | | | risks and uncertainties include such factors as general economic conditions, | | | foreign exchang ...