date:Sep 27, 2013
nks, gels and protein supplements but is facing increasing competition from other brands with wider appeal such as Clif Bar Company and Kind Healthy Snacks.
Nestle, based in Vevey, Switzerland, sells everything from baby formula, bottled water and coffee to ice cream, chocolate bars and pet food. The once best-in-class company has stumbled lately, and missed sales forecasts in the first half of 2013 and trimmed its full-year target.
Its results have disappointed investors for several straight