Nestle ups forecast as big brands, convenience meals thrive


Third-quarter sales growth was the fastest in at least five years, getting a boost from people consuming more at home and increasingly choosing established brands. That lifted sales in dairy, coffee and petcare.

ZURICH: Nestle SA raised its full-year revenue target amid demand for big brands and convenience meals during the pandemic.

The company expects organic sales growth of about 3%, up from a previous range of 2% to 3%.

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