Nestlé Q1 2026 Sales: 3.5% Organic Growth Despite Infant Formula Recall
CONFIRMED87% CONFIDENCEStated as firm: the GlobeNewswire[1] copy of Nestlé's ad hoc announcement is stamped "April 23, 2026 01:00 ET" (07:00 CEST in Vevey, 05:00 UTC), with the call at "09:30 CEST".
Nestlé grew 3.5% organically in the first quarter, led by coffee, even though its infant formula recall cut about 0.9 points off growth; reported sales fell 5.7% to CHF 21.3 billion on the strong franc. It kept its 2026 guidance.
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