8legs: Blue bottle coffee

#1 out of 1

Key facts: Nestlé Q1 CHF21.32bn; org +3.5%; sells Blue Bottle; 16k cuts; recall dents Nutrition; Purina slips China; seeks buyers; explores vitamins

Nestlé reported Q1 2026 sales at CHF 21.32 billion, with organic growth of 3.5% and a -5.8% y/y overall change.
Organic growth was driven by Coffee and Food & Snacks, with emerging markets outperforming.
Nutrition was hit by a January infant‑formula recall, weighing on the segment.
Nestlé sold Blue Bottle Coffee and is seeking partners for water/beverages.
Nestlé intends 16,000 job cuts across multiple divisions to streamline operations.
Purina’s share in China has fallen as local brands gain ground.
Nestlé is exploring buyers for its vitamins unit and seeking partners for its beverages portfolio.
CEO Philipp Navratil led the quarter with continued momentum from Navratil/Isla turnaround initiatives.
Purina’s China market performance shows pressure from rising local competition.
Emerging markets outperformed in the quarter.

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