Mark Schneider

Nestlé Beats Sales Forecast But Sees Lower 2025 Profit Margin

Nestlé reported slightly better than expected annual sales growth, though it warned of a narrower profit margin in 2025.

Nestlé will boost advertising and marketing and trim costs by at least $2.8 billion by 2027 as it looks to drive growth under its new CEO.

Nestlé could use its ‘fresh start’ from new CEO Laurent Freixe to lower financial guidance for the second time this year, investors warn...

Nestlé shares tumbled early on Friday following the abrupt departure of chief executive Mark Schneider announced late on Thursday.

Nestlé lowered its sales outlook on Thursday, slowing the pace of price hikes sooner than hoped due to increasingly cost-conscious consumers.

Nestlé may flag more price hikes when it reports first-half earnings on Thursday, making its brands more expensive by Christmas.

Nestlé missed its first-quarter organic sales growth estimates following price hikes across its products, particularly in North America.

Nestlé has reported fill-year organic sales growth below expectations as the company continued to hike prices.

ABOUT US

Get the app today!