When Nestle SA's top managers gathered at a meeting in June, their discontent was clear. Using their phones to react to various topics under a traffic light system, they repeatedly pressed "amber" ...

LONDON, Oct 17 (Reuters Breakingviews) - Nestlé’s (NESN.S), opens new tab new boss has some knotty problems. Third-quarter results showed, opens new tab flaky top line growth at the $260 ...

Nestle’s new CEO lowered sales growth expectations for 2024 and announced a leadership reshuffle on Thursday in what one analyst described as a “painful reset” for the global food giant.

Are you a print subscriber? Activate your account. 11 hours 50 min ago By Tyler Bishop - 13 hours 30 min ago By Asa Hiken - 15 hours 4 min ago By Garett Sloane - 16 hours 20 min ago By Brian ...

Shoppers around the world are spending more cautiously, Nestlé warned Thursday, prompting the packaged-food company to increase promotions to persuade consumers to open their wallets. “The ...

Although Nestle's performance during the pandemic has been nothing short of stellar, we believe the main drivers of this outperformance have been fueled by pandemic-led lockdowns—millions of ...

Nestle has said its sales have suffered this year due to boycotts of companies linked to Israel. The Swiss conglomerate, which owns brands including Nescafe and KitKat, has become a major target ...

The organisational changes announced on Thursday include the merging of North and Latin America into one reporting unit, with the unit lead operating from Nestle’s Swiss headquarters ...

Nestlé's Q3 organic sales growth was +1.9%, below expectations, with lower RIG and pricing due to softening demand and reduced customer inventory. The CEO is restoring investor confidence by ...

Nestlé (OTCPK:NSRGY) reported a 2.4% year-on-year decline in total sales for the first nine months of 2024. Sales amounted to CHF 67.1B vs. CHF 68.8B in the same period last year. Foreign ...

The Nestlé Board of Directors has approved changes to the company’s organization, effective as of January 1, 2025. As a result, Nestlé is also announcing changes to its Executive Board. Zone ...

Nestle SA Chief Executive Officer Laurent Freixe is streamlining management at the world’s biggest foodmaker just six weeks into the job, as sales growth slows to the lowest in decades.