He then took over as CEO of Zone Americas and, following changes to Nestlé’s new Zone structure in 2022, Freixe was named CEO of Zone Latin America. Bulcke described Freixe as the “perfect ...
The world's biggest food company is targeting Ozempic users with small, protein-packed meals for under $5.
"The virtuous circle of introducing products, which generated cash for new products, was slowing down. That was a real concern," the source said. Nestle's price-to-earnings ratio, used to gauge ...
Nestle shares dropped to their lowest level since 2019 amid concerns over growth and future earnings challenges.
Swiss food multinational Nestlé has surprisingly appointed a new CEO. Laurent Freixe will take ... This was also recently reflected in the share price, which has performed poorly in recent ...
Nestle has launched an addition to its Milkybar range containing 30% less sugar than a comparable ordinary chocolate bar. Ben Cooper looks at the technology behind Milkybar Wowsomes and assesses ...
Nestle has struggled recently, last month cutting its full year sales outlook, saying it had had to slow its price hikes as cash-strapped customers become more price conscious. Shares at the ...
LONDON, Aug 23 (Reuters Breakingviews) - Swiss consumer-goods giant Nestlé (NESN.S), opens new tab has had a rough ... Its volumes have suffered, with price increases struggling to pick up ...
Morgan Stanley analyst Sarah Simon downgraded the rating on Nestlé SA (NSRGF – Research Report) to a Sell today, setting a price target ...
Mark Schneider, Nestlé’s chief executive, was pushed out of the company and learned he would be losing his job just 24 hours before it was announced publicly, according to a person familiar ...
There don’t appear to be any easy fixes for new boss Laurent Freixe. The group has relied on price increases for 5.7 percentage points out of its 6.4 per cent three-year organic growth ...