Nestle again cuts sales guidance amid soft demand
In light of the year-to-date results, Nestle cut its full-year guidance for organic sales growth to about 2%, with underlying trading operating profit margin at around 17% and underlying earnings per share growth (constant currency) coming in flat.
Nestle's new CEO may cut guidance in fresh start, some investors warn
Nestle could use the fresh start provided by new CEO Laurent Freixe in the coming months to lower financial guidance for the second time this year following months of weak sales volumes, according to some analysts and investors.
Nestle lowered its sales expectations for the second time this year as the food giant offers greater discounts to lure back ...
VEVEY, SWITZERLAND — Six weeks after Laurent Freixe took the reins as global chief executive officer, Nestle SA is ...
This week, old brands are doing new things. Godiva is sending new recipes to the US, and Nestlé is delving into Mexican and ...
Nestlé’s new boss has some knotty problems. Third-quarter results showed flaky top line growth at the $260 billion food giant ...
That’s “around” the level new Nestlé CEO Laurent Freixe is guiding to after cutting the growth estimate yesterday (17 October ...
The changes come as the food giant cut its growth outlook for the full year and warned of sluggish consumer demand as consumers pull back on spending.
Global food and pet care giant Nestle will revamp its operating structure under its new CEO. The company says it remains ...
The company’s practical approach can revolutionise the way we produce food, creating a more sustainable system ...
A study published in April said that Nestle added sugar to its Cerelac products in India and other developing markets but not ...
Nestlé (NESAF) , which owns top brands such as KitKat, Gerber, Purina and Coffee-Mate, is suffering from a major shift in ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback