Published on 26 Apr 2024 on AFP via Yahoo Finance
Nestle sales reached $24.2 billion in the first quarter (Fabrice COFFRINI)
Swiss food giant Nestle reported slimmer sales than expected in the first quarter on Thursday, weighed down by weak demand for frozen pizza and snacks in North America.
Shares in the group fell following the publication of its earnings, which come as Nestle has recently faced scrutiny over the quality of its Perrier water and sugar levels in baby food sold in poorer countries.