LONDON, April 25 (Reuters) - Nestle on Thursday missed first-quarter organic sales growth estimates, as the world's biggest packaged food company hiked prices and sold fewer products, particularly ...
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Below are some of the key insights we gleaned from the data examined above. Keep in mind that the following statements apply only to the 30 menu items and six restaurants listed above — not to ...
Nestle has seen its sales slow in recent months after the KitKat and Nescafe maker raised its prices around the world. The food and drinks giant said pet products and coffee were selling well in ...
Inflation in vegetables was 27.8% y-o-y in April. This compares with a rise in prices of a lower 28.34%y-o-y in March. The ...
California restaurants are poised to further hike prices after a junk-fee ban in the state mandated that restaurants and bars fold mandatory fees into listed menu prices. On Wednesday, the ...
Suresh Narayanan of Nestle India points out that the operating margins are up by 270 basis points, net profits by 250 basis points and cash generation by over 41 billion, that is about 17% of sales.
The NESG predicted if this policy persists, many Nigerians may opt out of electronic fund transfers, which could lead to revenue loss for the government. Understanding the challenges the ...
Sales of instant cappuccino sachets and the classic Nescafe range are up as offices and homes facing cost of living pressures ditch barista brews. This has delivered a local kick in demand for the ...
Nestle has today missed first-quarter organic sales growth estimates, as the world's biggest packaged food company hiked prices and sold fewer products, particularly in North America. The maker of ...
Nestle Australia’s 2023 earnings show profitability slumped 30 per cent to $88.9m as sales – boosted partly by price hikes – rose to $2.7bn from $2.5bn in 2022.