0747 GMT - Nestle's new strategic plan to slim down its portfolio and hone in on four categories--coffee, petcare, nutrition, and food--seems to be pretty standard, RBC Capital Markets analysts James Edwardes Jones and Wassachon (Fon) Udomsilpa write in a note. Despite a particular strength in its Waters & Premium Beverages business in the Americas, the company is still going forward with a sale of the unit, they add. Going forward, Nestle's plan seems sensible, but the analysts are awaiting its comments in a call this morning. (aimee.look@wsj.com)
(END) Dow Jones Newswires
February 19, 2026 02:53 ET (07:53 GMT)
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