Feb 4 (Reuters) - Nestle NESN.S will have to raise prices of its food products further this year to offset higher production costs that it has yet to fully pass on to consumers, Chief Executive ...
The world's biggest food group Nestle will push through further price increases this year, Chief Executive Mark Schneider said on Thursday, after more expensive ingredients contributed to lower ...
The price hike announcement comes after the Russia Ukraine war affected the prices of food, fuel and energy. In the year to January, grocery prices soared 16.7%. Nestle has announced a price hike ...
Nestle’s gross margin dropped 260 basis points despite last year’s 8.2% price hike. ZURICH: The world’s biggest food group Nestle will push through further price increases this year ...
(MENAFN- Jordan Times) ZURICH - Swiss food giant Nestle and liquor group Pernod Ricard, owner of Absolut vodka and Jameson whiskey, announced fresh price hikes on Thursday due to inflation even as ...
Galaxy chocolate bar price hikes follow similar decisions made by Cadbury, Nestle and Unilever with Mars citing inflation and ...
While food and beverage has more than its share of big names, Nestlé recently ranked as the world’s most valuable food brand ...
Big food companies like Kraft Heinz and Nestle saw a surge of sales early ... sales still kept growing thanks to double-digit price hikes. But as shoppers' grocery bills climbed in 2022, they ...