Nestle Soars To A Record High Following Exclusive Starbucks Deal

Nestle Soars To A Record High Following Exclusive Starbucks Deal

Nestle reported second-quarter earnings Friday that beat analyst expectations.br Shares rose more than 2.27 to a record high Friday driven by sales of coffee and pet-care products.br The increase came on the heels of Nestle's exclusive deal with Starbucks to sell its branded packaged coffee.br The company confirmed its full-year outlook for 2019, saying it expects a full-year operating profit margin at or more than 17.5.br According to Business Insider, shares of Nestle are up 28 year-to-date.


User: Entertainment (now)

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Uploaded: 2019-07-27

Duration: 00:35

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