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Nestlé's CEO drinks "at least" eight cups of coffee daily — and downs the first five by 10 a.m. Philipp Navratil enjoys his coffee black and cold and has only recently started dabbling in decaf.
Nestlé's Q3 organic sales increased 4%, with real internal growth accelerating to 2.8%, beating market expectations. Lower pricing did not prevent sales acceleration, while North America, Petcare, and emerging markets showed encouraging momentum. Management maintained its 2026 guidance, including 3–4% organic growth and free cash flow above CHF 9 billion. We reaffirmed our buy rating.
Nestlé S.A. (NEST:CA) Q3 2026 Sales/Trading Call Transcript
Nestlé CEO Philipp Navratil sits down exclusively with CNBC's Carolin Roth to discuss the company's better-than-expected third-quarter earnings, growth in emerging markets, the health of the U.S. consumer, and deconsolidation in Russia.
Nestle booked a rise in sales for the third quarter, as the consumer goods giant gained due to a revival of its Petcare and snacking businesses in the Americas.
Nestle reported better than expected organic sales growth for the third quarter on Thursday and said it had deconsolidated its Russian business after Moscow seized control of Nestle's Russian
Nestlé CEO Philipp Navratil said resilient teams have two things in common. He said they work well together and they have one purpose.
Philipp Navratil changed his leadership style after being told he needed to provide honest feedback. He said he now embraces giving direct feedback and feels like it's his responsibility to do so.
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