Nestlé Sales Drop. Why the Stock Is Jumping.
Barrons
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Sales beat expectations and real internal growth rises, suggesting that CEO Philipp Navratil’s turnaround plan is working.
Nestle Sales Beat Expectations
- Nestle beats Q1 sales estimates on coffee, food demand RTE —
- Nestlé sales held back by infant formula recalls Financial Times —
- Nestle maintains full-year outlook as Iran war has limited impact so far - Reuters Reuters —
- Nestle Sales of Snacks and Coffee Offset Formula Recall Impact Bloomberg —
- Nestle Reports Drop in Sales Amid Strategic Overhaul Wall Street Journal —