Nestlé Stock News

Nestlé delivered solid Q3 results, with sequential organic sales growth across all regions despite FX headwinds and US category softness. Management reaffirmed 2025 and medium-term targets, aiming for at least a 16% operating margin in 2025 and a 17%+ margin over the medium term. A global headcount reduction of ~16,000 is planned, doubling annual savings to CHF 1 billion by 2027, supporting mar...

Nestle is upgraded to 'Buy' as new CEO Philipp Navratil initiates bold cost-cutting and cultural transformation. NSRGY targets a 6% workforce reduction and a shift to performance-based culture, aiming for agility and improved accountability. Recent results show accelerating organic growth, with priority products growing 14% year-to-date.

White-collar employment is taking another hit.Nestle on Thursday offered the latest example of a big employer looking to save money by streamlining its white-collar workforce.

Nestle fired CEO Laurent Freixe in September over an undisclosed relationship with an underling.

New Nestle CEO Philipp Navratil is implementing a workforce reduction of 16,000 positions to accelerate growth and achieve substantial cost cuts.

The cuts are across regions and job functions, the Swiss food company says.

Nestlé S.A. (NEOE:NEST:CA ) Q3 2025 Sales Call October 16, 2025 3:30 AM EDT Company Participants David Hancock - Head of Investor Relations Philipp Navratil - CEO & Member of the Executive Board Anna Olive Manz - Executive VP, CFO & Member of Executive Board Conference Call Participants Guillaume Gerard Delmas - UBS Investment Bank, Research Division Warren Ackerman - Barclays Bank PLC, Researc...

The Swiss company said the majority of the positions to be cut will be white-collar jobs as its new CEO seeks to drive cost savings. Its shares rose 8%.