Nestle's Volumes Pressured by Retailers' Product Pullbacks
Dow Jones07-23 19:38
1129 GMT - A question mark remains over how much Nestle has suffered from retailers pulling its products from their shelves, putting pressure on its real internal growth in Europe, Warren Ackerman from Barclays says. Nestle's overall RIG--a measure of sales volumes and one of the company's stated priorities--rose to 1.8% in the second quarter from 1.2% in the first. However, in Europe, RIG was flat on quarter. Shares fall 7% to 80.14 Swiss francs. (aimee.look@wsj.com)
(END) Dow Jones Newswires
July 23, 2026 07:38 ET (11:38 GMT)
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