By Aimee Look

Nestle is scheduled to report results for the first nine months of 2025 on Thursday. Here is what you need to know:

SALES FORECAST: The Swiss packaged-food group is expected to report 65.77 billion Swiss francs ($76.09 billion) in sales, consensus estimates compiled by the company show. Nestle generated 67.15 billion francs in sales for the same period last year.

Shares in the maker of Nescafe coffee and Purina pet food have risen 1% so far this year, after reaching a high of 91.72 francs per share in the spring and then falling back down to the 70-franc range--where it has remained as of late.

WHAT TO WATCH:

-- After a surprise change in the company's chief executive last month, the market is slowly shifting its focus back to its operational performance, UBS analysts said in a note to clients. The third-quarter update should reassure investors by showing quarterly numbers in line or improved, they said.

-- Barclays analysts will be looking to see if Nestle's new CEO Philipp Navratil leans into advertising spend even more, following previous increases. Navratil will likely make his first comments on the call, and analysts at Barclays said that his aims of making the business smarter, faster and more cohesive are laudable--but question whether he will be able to put it into practice. He would benefit from having no sizable surprises in the third quarter, as it would give him some space to come up with a good plan for the fourth quarter.

-- "Nestle needs to return to calmer waters and regain its former stature," analysts at Vontobel wrote. The newsflow from the food giant has been negative over the past few years, indicating leadership missteps, poor communication, worries about corporate governance, and stagnant growth, the analysts said. Now, the company is poised with an opportunity to return to growth and addressing the units that aren't performing as well, they added.

-- Analysts at Vontobel suggested Nestle form a strong capital-allocation framework, putting resources toward its strongest platforms like pet care and coffee--while addressing the areas that are lagging. Meanwhile, spinning off businesses wouldn't be a good route for the company to take because its segments have enough autonomy, despite the popularity of corporate splits right now, they added.

Write to Aimee Look at aimee.look@wsj.com

(END) Dow Jones Newswires

October 14, 2025 07:48 ET (11:48 GMT)

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