Nestle Beat Led by Higher Prices for Chocolates, Coffee -- Market Talk

Dow Jones

04-24

0621 GMT - Nestle's better-than-expected first-quarter sales growth mainly came from higher prices in the chocolate and confectionery and coffee businesses, RBC Capital Markets analysts James Edwardes Jones and Wassachon Udomsilpa say in a research note. Growth came in higher than expectations across regions, the analysts say, noting that the North America performance was supported by a reduction of share losses in frozen foods and coffee creamers. Confectionery and coffee delivered the strongest organic growth, at 8.9% and 5.1% respectively. Meanwhile, there are signs of softer market growth for PetCare and Health Science, they add. (maitane.sardon@wsj.com)

(END) Dow Jones Newswires

April 24, 2025 02:21 ET (06:21 GMT)

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(maitane.sardon@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 24, 2025 02:21 ET (06:21 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NSRGY","symbol_name":"雀巢","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2529957647","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2529957647","pubTimestamp":1745475660,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0621 GMT - Nestle's better-than-expected first-quarter sales growth mainly came from higher prices in the chocolate and confectionery and coffee businesses, RBC Capital Markets analysts James Edwardes Jones and Wassachon Udomsilpa say in a research note. 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