|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||108.06 - 110.15|
|52 Week Range||107.00 - 143.92|
|Beta (5Y Monthly)||0.24|
|PE Ratio (TTM)||23.11|
|Forward Dividend & Yield||3.00 (2.45%)|
|Ex-Dividend Date||Apr 11, 2022|
|1y Target Est||N/A|
Nestle SA's Gerber Products Company is still in "critical task force mode" due to the U.S. infant formula shortage, its CEO Tarun Malkani said last week, adding that he expects the crunch to improve by October. Gerber added market share as it pumped out formula to meet the heightened demand during the shortage, caused by supply chain crunches and the closure of an Abbott Laboratories plant in Michigan, Malkani said last Thursday during a media event at Nestle's U.S. headquarters in Arlington, Virginia. The Nestle brand, which makes the Good Start line of infant formulas, now has market share of roughly mid-9%, Malkani said.
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