Nestlé (NSRGF) News Today

Nestlé S.A. (OTCMKTS: NSRGF) shares have moved higher after the company reported stronger-than-expected sales under new CEO Philipp Navratil and unveiled a major cost-cutting plan. Investors are pricing in faster turnaround potential from a 16,000-job reduction and raised cost-savings targets, while shorter interest and market momentum added to the lift.

• Positive Sentiment: Company reported better-than-expected sales growth and maintained its 2025 outlook, which supports revenue momentum under the new CEO. Reuters: Nestle sales growth beats forecast
• Positive Sentiment: Nestlé announced plans to cut about 16,000 jobs (roughly 6% of workforce), mostly white-collar roles, and raised its cost-savings target — a move investors view as a clear margin-recovery lever. WSJ: Nestlé to Slash 16,000 Jobs
• Positive Sentiment: Market reaction: food & beverage stocks led European gains and Nestlé was a significant contributor to the rally, reflecting investor enthusiasm for the turnaround plan. Invezz: Europe markets rise led by food & beverage
• Neutral Sentiment: Short interest fell sharply in September (down ~30.8% vs. mid-month), which can reduce downward pressure and amplify rallies if short-covering continues. (Internal short-interest update)
• Negative Sentiment: Execution and reputational risks: large white-collar layoffs carry implementation costs, potential disruption to operations and morale, and local PR scrutiny — risks that could offset some near-term gains. CNBC: Nestle to cut around 6% of its workforce