Nestlé Shares Soar 8% on Surprise Q3 Sales, 16,000-Job Cut Plan – What’s Next?
Nestlé shares surged 8% on Oct. 16, 2025, after reporting stronger-than-expected Q3 sales and announcing 16,000 job cuts. New CEO Philipp Navratil raised the cost-savings target to CHF 3 billion by 2027. Q3 organic sales rose 4.3%, beating forecasts, with volume growth recovering. The SMI index posted modest gains as a result.
