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Latest Articles in nestle
Nestle Using Insect Protein In Purina Pet Food
The move addresses a trend of people seeking more eco-friendly or allergen-free diets for their pets, and puts the world's largest food company into potential competition with smaller brands like Yora and Green Petfood's InsectDog.
Read MoreNestle Raises Full-Year Guidance After Third Quarter Sales Beats Poll
Sales in Swiss francs fell 9.4% to 61.9 billion Swiss francs ($68.33 billion) hit by the sale of Nestle Skin Health and the U.S. ice cream business.
Read MoreImmersive Technology Start-up, Question What's Real, appoints Darshan Lama, as Its Chief Commercial Officer
Immersive Technology Start-up, Question What's Real, appoints Darshan Lama, as Its Chief Commercial Officer
Read MoreNestle Pays $2 Billion To Secure Aimmune's Allergy Treatment
Nestle, whose shares were up 0.6% at 0739 GMT, is offering a 174% premium to Aimmune's closing share price of $12.60 on Aug. 28.
Read MoreIs Adaptability the only Refuge for Brands?
The pandemic is expected to create long-term ripples and influence the consumer psychology like never before. It is imperative for marketers to read the change and adapt to this volatility.
Read MoreNestle CEO Says 2020 Guidance Should Reassure Investors
"We now have a much better understanding of how COVID-19 affects our business," Schneider said
Read MoreNestle Explores Sale Of Pure Life As Part Of Water Business Review
Nestle's water business, which generated sales of 7.8 billion Swiss francs ($8.3 billion) and growth of just 0.2% last year
Read MoreNestle To Appeal Ban On 'Incredible Burger' Branding In Europe
The company filed with the European Food Safety Authority to market soy leghemoglobin, a genetically modified ingredient, that is key in making its Impossible burgers bleed like their animal counterparts.
Read MoreNestle Posts Better Than Expected First Quarter Sales As Customers Stockpile Food
Analysts on average were expecting a 3.0% increase in first-quarter underlying sales growth
Read MoreNestle Confirms 2019 Dividend Proposal
"Nestle has always maintained a strong balance sheet and we are not facing any liquidity issue."
Read MoreNestle Buys Lily's Kitchen To Boost Premium Pet Food
Petcare was Nestle's fastest-growing category with 7.0% organic growth and sales of 13.622 billion Swiss francs ($14.12 billion) in 2019.
Read MoreNestle Staff To Get Full Salary For Three Months Where COVID-19 Halts Work
The Nescafe coffee maker, which has 291,000 employees across the world, also said it would provide cash advances or loans to those in financial difficulties.
Read MoreNestle CEO Tells Staff To Get Ready For Coronavirus Storm
"This is the moment for extra effort, for going the extra mile," Schneider said in a message to staff, distributed internally on Friday.
Read MoreNestle Pushes Back Growth Target After Solid 2019
Organic sales growth accelerated to 3.5% from 3% in 2018, and just below a 3.6% estimate in the company poll. It slowed to 3.0% in the final quarter of 2019, from 3.7% in the third quarter.
Read MoreNestle Buys Allergan Business To Expand In Medical Nutrition
Financial terms of the transaction were not disclosed. Zenpep had sales of $ 237 million in 2018.
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