Wed, 26 Apr 2023 06:30:44 GMT
Nestle beats quarterly expectations
The stock price of Nestle has spiked almost 2.00% due to the publication of the company's quarterly financial results. The company appears to be resilient against inflation, as it has hiked its product prices by 9.8%. However, as sales volumes have decreased, the company has experienced a -0.5% decline of what it calls real internal growth.