How Nestlé aims to tackle the baby formula crisis and return to growth
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How Nestlé aims to tackle the baby formula crisis and return to growth

Nestlé has unveiled a major strategic overhaul, refocusing on its core business areas and preparing to sell the rest of its ice cream unit. The shake up comes as the consumer goods giant beat fourth-quarter sales growth expectations. This despite being hit by a baby formula recall that has triggered a broader crisis. CNBC’s Ritika Gupta and Carolin Roth discuss whether a new strategy and stronger than expected earnings can lift Nestlé out of its troubled period.
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Thu, Feb 19 20265:41 AM EST