Nestle SA Chief Executive Officer Mark Schneider’s unexpected exit raised concerns among investors about the outlook for profitability at the world’s largest food company, as it struggles to win back inflation-weary customers to premium brands.After eight years as CEO of the Swiss maker of Nespresso coffee and Purina pet foods,... read full story
"The pandemic, the supply-chain disruptions, 50-year-high inflation, rapidly rising interest rates and the negative consumer sentiment effect have all conspired to create a difficult environment for the average consumer stock,"
