Nestle misses sales estimates after hiking prices across board in Q1
The maker of Maggi noodles, Nescafe coffee and KitKat chocolate wafer bars confirmed its 2024 guidance of organic sales growth of about 4 per cent
Cocoa, sugar prices hit Nestle Australia profits, but demand rises
Instant coffee is making a comeback as consumers struggling under the weight of rising bills, steeper rent and higher mortgage repayments avoid their local barista and instead turn to brewing their own cuppa at home.
Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.
Nestle Sales Growth Sputters on US Slump, Vitamin Snags
Nestle sales growth sputtered in the first quarter as the maker of Nespresso coffee was hit by cooler demand in North America and supply constraints at its vitamins unit.
Nestle Sales Slump On Weak North America Demand For Frozen Food
Swiss food giant Nestle reported slimmer sales than expected in the first quarter on Thursday, weighed down by weak demand for frozen pizza and snacks in North America.
Nestle sales slump on weak demand, safety concerns
Swiss food giant Nestle reported slimmer sales than expected in the first quarter on Thursday, weighed down by weak demand for frozen pizza and snacks in North America. Shares in the group fell following the publication of its earnings,
Nestle sales slow after Nescafe maker raises prices around the world
Nestle sales slow after Nescafe maker raises prices around the world - The food and drinks giant said pet products and coffee were selling well, while sales of frozen food and dairy products were slower.
Milk, cereal prices to add to Nestle’s woes with coffee, cocoa prices already at record highs
Nonetheless, the company’s domestic sales crossed Rs 5,000 crore this quarter, and its standalone net profit was up 27 percent.
Forbes India10d
Record cocoa prices and its bitter aftertaste
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Youve heard it wrong, the world is not running out of chocolate soon
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Swiss chocolatiers bank on the Easter bunny as cocoa costs soar
Swiss chocolatiers have a battle on their hands as Easter rolls around, with surging cocoa prices sending their costs soaring and consumers cutting back as inflation hits their pockets.
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Danone beats quarterly sales forecasts, heralds end of European price talks
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Nestle India Q1 preview: Strong revenue, profit growth expected on price hikes
Nestle India is expected to post a volume growth of 5.3 percent and a pricing growth of 3 percent YoY in the January-March ...