Nestle's Coffee Results Were Standout -- Market Talk

Dow Jones04-23

1026 GMT - Nestle's results come as a positive surprise, with coffee as a standout, analysts at Bernstein write in a note. Volumes have returned to strong growth for the category, and pricing has been robust. Coffee's strength has been consistent globally, the analysts say. Overall at a geographic level, both the Americas and Europe are standouts, being stronger than expected, they add. "The Navratil/Isla turnaround train appears to be gaining momentum," they say, referring to CEO Philipp Navratil and Chair Pablo Isla. Shares are up 6.2% at 80.2 Swiss francs. (aimee.look@wsj.com)

(END) Dow Jones Newswires

April 23, 2026 06:26 ET (10:26 GMT)

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