Nestle's New Plan Still Leaves Questions -- Market Talk

WSJNov 19 06:16 ET

Nestle Won't Launch Further Buyback After Strategic Shift to Growth

WSJNov 19 05:42 ET

Nestle Midterm Ambitions Seen as Realistic -- Market Talk

WSJNov 19 02:42 ET

Nestlé has lowered its profit target for 2025 and plans to increase investments in advertising and marketing.

Nestlé has lowered its profit targets for 2025 and increased its investments in advertising and marketing, which is part of CEO Laurent Freixe's plan to revitalize the company. Nestlé stated that by the end of 2027, it will save an additional 2.5 billion swiss franc (approximately 2.83 billion USD) through initiatives to fund more investments. By the end of next year, advertising and marketing investments are expected to reach 9% of sales. As a result, Nestlé expects its underlying trade operating margin for 2025 to be slightly below the guidance level for 2024, which is about 17%.

Global Market UpdateNov 19 01:44 ET

Nestle Cuts 2025 Profitability Target, Steps Up Spending in Turnaround Push

WSJNov 19 01:18 ET

Nestle: Muriel Lienau to Lead Water and Premium Beverages Activities

Dow JonesNov 19 01:10 ET