Nestle, North America
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
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 Volumes Fall Again as North America Slows Down
Nestle sales growth lagged expectations in the first quarter as the maker of Nespresso coffee and Haagen Dazs ice cream saw cooler demand 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 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
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.
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 ...
PBS13d
food prices
Sugar sees global price hike after crops in Asia hit by dry weather ... the world's second- and third-largest exporters. Global food prices rise after Russia ends Ukraine grain deal and India ...
Forbes India9d
Record cocoa prices and its bitter aftertaste
Cocoa prices are at a record high caused by a dramatic drop in supply. Prices have more than doubled in the first three ...
FMCG redux: Abneesh Roy on Nestle, HUL and Hatsun Agro results
Abneesh Roy discusses the impact of milk softness, margin expansion at Hatsun Agro, and cereal inflation in India. Despite ...
Fox Business3d
nestlé sa
Purina clarified last week that "online rumors" claiming that the company's pet food has caused illness and death in hundreds of dogs is false. The cost of candy for this year's Halloween has ...
New York Post23d
Why some California businesses are exempt from fast food minimum wage hike
McDonald’s and other fast food chain operators have warned they would need to hike menu prices. AP Scott Rodrick, a franchisee who operates 18 McDonald’s locations in and around the San ...
Is the world going to run out of chocolate soon?
As chocolate-makers across the world look to hike prices over a shortage of cacao production, food writer Vikram Doctor ...
Forbes29d
Food Prices Rise As Consumers Struggle: What You Need To Know
According to the Bureau of Labor Statistics, food prices account for 13.5% of the relative importance of the total index. We see the high cost of food every time we go to the grocery store.
CBS News28d
California's fast-food workers are now the highest paid in U.S. with new $20 per hour wage
Most California fast-food workers ... Yet the pay hike, which went into effect on April 1, is sparking furious debate, with some restaurant owners warning of job losses and higher prices for ...
AOL29d
As cocoa prices soar this Easter, chocolatiers consider alternatives
Cocoa prices are surging so high, the Easter Bunny might want to hoard its chocolate. Consumers hunting for Easter eggs and chocolate bunnies this year can expect sticker shock similar to ...
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 ...