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Nestle flags further potential price hikes as tariffs, commodities weigh on margins - TL;DR CNBC

Nestle flags further potential price hikes as tariffs, commodities weigh on margins

Publishing timestamp: 2025-07-24 06:30:39


Summary

Nestle CEO says prices for KitKat bars and Nespresso pods could rise further in second half of year due to U.S. tariffs and commodity price pressures. Company posted better-than-expected first-half sales growth, but faces challenges from higher input costs. CEO vows to refocus business and conduct strategic review of underperforming vitamin brands.


Sentiment: MIXED

Tickers: NES.N-CHBN-FRULVR-GB@CC.1@KC.1

Keywords: nestle sabusiness newsfood and drinkbreaking news: businessretail industry

Source: https://www.cnbc.com/2025/07/24/nestle-flags-price-hikes-as-tariffs-commodities-weigh-on-margins.html


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