Nestle's results show lower than expected growth
Nestlé yesterday released its 9-month sales report, which showed lower-than-expected growth, likely due to price rises. Organic growth in Europe was significantly higher than growth overall.
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Nestlé yesterday released its 9-month sales report, which showed lower-than-expected growth, likely due to price rises. Organic growth in Europe was significantly higher than growth overall.
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Certain agricultural commodities have climbed in recent months, driven by weather-related damage around the globe and tighter supplies.
Nestlé is channeling more funds into advertising and marketing to recover volumes and gross margin lost during pricing.