Nestle misses quarterly sales estimates-March 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Nestle misses quarterly sales estimates

Apr 24, 2024 10:27 PM

LONDON, April 25 (Reuters) - Nestle on Thursday

missed first-quarter organic sales growth estimates as the

world's biggest packaged food company hiked prices and sold

fewer products.

The maker of Maggi noodles and KitKat chocolate wafer bars

confirmed its 2024 guidance of organic sales growth of about 4%

and a moderate increase in underlying trading profit margin.

Previous page： Foxconn forecasts strong Q1 revenue after Q4 profit miss Next page： Venture Global Insider Bought Shares Worth $2,388,044, According to a Recent SEC Filing

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Foxconn forecasts strong Q1 revenue after Q4 profit miss

Mar 14, 2025

TAIPEI (Reuters) -Taiwan's Foxconn, the world's largest contract electronics maker, forecast strong revenue growth in the first quarter after reporting a surprise 13% drop in fourth-quarter profit. Foxconn, whose businesses include manufacturing iPhones for Apple ( AAPL ) and artificial intelligence servers for Nvidia ( NVDA ), booked October-December net profit of T$46.33 billion ($1.41 billion), missing the T$54.4 billion...

Venture Global Insider Bought Shares Worth $2,388,044, According to a Recent SEC Filing

Mar 14, 2025

03:18 AM EDT, 03/14/2025 (MT Newswires) -- Robert B Pender, 10% Owner, Director, Founder, and Executive Co-Chairman of the Board, on March 13, 2025, executed a purchase for 231,500 shares in Venture Global ( VG ) for $2,388,044. Following the Form 4 filing with the SEC, Pender has control over a total of 951,385 Class A common shares of the...

Ares Management Insider Bought Shares Worth $1,413,300, According to a Recent SEC Filing

Mar 14, 2025

03:16 AM EDT, 03/14/2025 (MT Newswires) -- Ashish Bhutani, Director, on March 11, 2025, executed a purchase for 10,000 shares in Ares Management ( ARES ) for $1,413,300. Following the Form 4 filing with the SEC, Bhutani has control over a total of 22,905 Class A common shares of the company, with 22,905 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1176948/000162828025012703/xslF345X05/wk-form4_1741911248.xml ...

ACM Research Insider Sold Shares Worth $3,546,554, According to a Recent SEC Filing

Mar 14, 2025

03:15 AM EDT, 03/14/2025 (MT Newswires) -- David H Wang, 10% Owner, Chief Executive Officer, President and Director, on March 11, 2025, sold 131,250 shares in ACM Research ( ACMR ) for $3,546,554. Following the Form 4 filing with the SEC, Wang has control over a total of 1,618,548 Class A common shares of the company, with 672,708 shares held...