A-Brands - Nestlé

Nestlé, Danone See Price Hikes Slowing After Years Of Sharp Increases

Two of the world's top consumer goods companies, Danone and Nestlé, said they will slow price increases in 2024 after two years of hikes that prompt...

Nestlé Misses Full-Year Organic Sales Estimates As Price Hikes Deter Shoppers

Nestlé has reported full-year organic sales growth slightly below expectations, as the world's biggest packaged food company continued to hike price...

Mondelēz Revamps European Operations After Boycotts Over Russian Business, Internal Memos Show

Oreo cookie-maker Mondelēz put new management in place at its profitable Russian business, according to two internal company memos seen by Reuters that rev...

Unilever CEO Pursuing Strategic Shift With Peltz's Backing

Unilever CEO Hein Schumacher said billionaire activist and board member Nelson Peltz is "fully behind" a recently devised strategy to re-invigora...

Nestlé Introduces First KitKat Using Cocoa From Income Accelerator

Nestlé has announced the introduction of the first KitKat bars produced from cocoa mass made from beans grown by farmer families engaged in the comp...

Nestlé CEO Says Weight-Loss Drugs No Threat To Coffee Business

Nestlé sees no threat to its huge coffee business from the rising popularity of weight-loss drugs like Eli Lilly's Zepbound and Novo Nordisk's Wegov...