Nestlé (NESAF) , which owns top brands such as KitKat, Gerber, Purina and Coffee-Mate, is suffering from a major shift in consumer behavior. The food giant just reported a dip in sales in its ...

In light of the year-to-date results, Nestle cut its full-year guidance for organic sales growth to about 2%, with underlying ...

VEVEY, SWITZERLAND — Nestle SA again trimmed its fiscal 2024 outlook as new global chief executive officer Laurent Freixe pointed to weaker consumer demand and inventory cutbacks in reporting ...

Coffee was the largest growth contributor with mid single-digit growth, supported by the three leading coffee brands: Nescafé, Starbucks, and Nespresso. In North America, organic growth was reported ...

Meanwhile, Bernard Meunier has decided to step down from the Executive Board on 31 March 2025, and will lead strategic projects for the Group. David Rennie, currently Head of Nestlé Coffee Brands, ...

Nestlé Philippines and Gesellschaft für Internationale Zusammenarbeit (GIZ) aim to further raise the yield per hectare of small-scale coffee farmers in the country to be at par with Vietnam’s ...

BENGALURU, Oct 17 (Reuters) - Nestle India's (NEST.NS), opens new tab second-quarter profit fell nearly 9% on Thursday, as the packaged food maker grappled with higher raw material prices.

Bernard Meunier will step down from the executive board on March 31, 2025, and will lead strategic projects for the group. He will be succeeded by David Rennie, currently head of Nestlé coffee brands, ...

Nestle, the world's biggest packaged food company and maker of Nescafe coffee and Kit-Kat wafer bars, reported nine-month organic sales in North America fell 0.3% to 18.52 billion Swiss francs ($ ...

Full-year 2024 outlook updated: organic sales growth expected to be around 2%. Underlying trading operating profit margin expected to be around 17.0%. Underlying earnings per share growth in constant ...