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Story summary
- Nestlé S.A., the world’s largest Swiss food company, faces sluggish sales and a stock that has fallen by half since its 2022 peak.
- Under new leadership, CEO Philipp Navratil is reviewing Nestlé’s extensive portfolio.
- Analysts express skepticism about Nestlé's ability to adapt to changing consumer preferences as competitors streamline operations.
- Navratil must rebuild trust among customers, investors, and the company’s 270,000 employees after the predecessor's dismissal for breach of conduct.
