International Companies

First-quarter sales miss forecasts at Nestle

By Abigail Townsend

Date: Thursday 25 Apr 2024

(Sharecast News) - Shares in Nestle came under pressure on Thursday, after the Swiss food giant missed first-quarter sales estimates.
The maker of KitKat, Nescafe, Purina and Maggi, among others, said total reported sales fell 5.9% in the three months to March end, to CHF22.1bn (£19.3bn).

Prices rose by 3.4%,...

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