在特朗普掀起的贸易战里，显然没有"中立国"之说。特朗普关心的：只有你的拳头够不够硬，或者愿不愿 意让步更多…… 据央视新闻报道，根据美国总统上周五发布的行政令，从8月7日起，美国将对从瑞士进口的商品征收39% 的关税。 这也意味着，瑞士这个向来以"中立国"而闻名于世的国度，被特朗普征收的关税税率将仅次于巴西、老 挝、缅甸和叙利亚等寥寥少数几个国家。同时，瑞士也就此成为了少数几个，在8月被征收的对等关税税率 高于特朗普4月"解放日"威胁的国家。 而令不少瑞士人感到尤为耻辱的，或许是上周五这一天——8月1日，也恰好是瑞士的国庆日！ 瑞士报纸《Blick》就直言不讳地表示，这是自1515年瑞士在马里尼亚诺战役中惨败给法国以来，该国遭遇 的最惨痛失败！ 那么，特朗普在本轮对等关税的加征中，缘何会对向来以中立著称的瑞士痛下狠手呢？39%的美国高关 税，又将对瑞士经济产生怎样的冲击呢？ 特朗普的贸易逆差"眼中钉"：瑞士 毫无疑问，瑞士官员对特朗普突然宣布的高关税，是深感措手不及的——因为他们此前曾认为与美国贸易 代表格雷尔和财政部长贝森特的谈判进展顺利，并已达成了初步共识。 据知情人士称，今年4月，瑞士就曾表示对与美国尽 ...

21世纪经济报道记者贺泓源、实习生李晴 雀巢中国正进入更大幅度的调整。 马凯思（Kais Marzouki）自7月1日接替张西强出任雀巢大中华区CEO，就是明显标志。或者说，这也只 是初步成果之一。 2024年9月，傅乐宏（Laurent Freixe）接替已经执掌帅印达8年的施奈德，担任雀巢首席执行官。 此后，他掀起了改革。根据安排，雀巢按照地理划分的五大区域市场在2025年起被精简为三大区，其 中，2022年单独组建的大中华大区（GCR）将重新并入亚洲、大洋洲和非洲区（AOA）。这些大区负 责人，都将到雀巢位于瑞士沃韦的总部上班。 "我们对中国的措施，第一步，将中国纳入亚大非大区，给予应有关注、支持和重点投入；第二步正在 进行中——为中国发展新阶段任命了新的领导团队。"在近期财报电话会上，傅乐宏如此解释中国区的 种种变化。 马凯思正是种种变化的核心推进人。 上半年，雀巢营收442.28亿瑞士法郎（约合人民币3985亿元），同比下降1.8%；净利润50.65亿瑞士法 郎（约合人民币456亿元），同比下降10.3%。 2025年7月30日，据21世纪经济报道记者确认，雀巢大中华区咖啡业务负责人姜海英已决定在雀 ...

21世纪经济报道记者贺泓源、实习生李晴 雀巢中国正进入更大幅度的调整。 马凯思（Kais Marzouki）自7月1日接替张西强出任雀巢大中华区CEO，就是明显标志。或者说，这也只是初步成果之一。 2024年9月，傅乐宏（Laurent Freixe）接替已经执掌帅印达8年的施奈德，担任雀巢首席执行官。 此后，他掀起了改革。根据安排，雀巢按照地理划分的五大区域市场在2025年起被精简为三大区，其中，2022年单独组建的大 中华大区（GCR）将重新并入亚洲、大洋洲和非洲区（AOA）。这些大区负责人，都将到雀巢位于瑞士沃韦的总部上班。 "我们对中国的措施，第一步，将中国纳入亚大非大区，给予应有关注、支持和重点投入；第二步正在进行中——为中国发展新 阶段任命了新的领导团队。"在近期财报电话会上，傅乐宏如此解释中国区的种种变化。 马凯思正是种种变化的核心推进人。 | | | | | | 2025 Performance | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | Q1-25 | | | Q2-25 | | ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Has National Vision (EYE) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.National Vision is one of 178 individual stocks in the Consumer Staples sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by m ...

Core Insights - Nestlé Group reported a stable profit performance while increasing investments in the first half of 2025, despite facing challenges from high sales costs, increased growth investments, and unfavorable exchange rates [1][2] - The company's sales decreased by 1.8% to CHF 44.2 billion, with a net profit of CHF 5.1 billion and basic earnings per share down by 9.0% to CHF 1.97 [1] - The organic growth rate for the first half of the year was 2.9%, driven primarily by pricing in the candy and coffee segments, which saw increases of 10.6% and 6.0% respectively [1] Financial Performance - The underlying trading operating profit margin was 16.5% [1] - Free cash flow amounted to CHF 2.3 billion [1] - Organic growth rates varied by region, with developed markets at 1.8% and emerging markets at 4.5% [1] Segment Analysis - Retail channel organic growth was 2.6%, while the out-of-home channel grew by 5.8% [1] - E-commerce sales saw a significant organic growth rate of 12.3%, accounting for 20.2% of total sales [1] Strategic Initiatives - The company is focusing on accelerating category growth in areas such as ready-to-drink coffee and pet health products, which are growing at four times the rate of the overall company growth [1] - Six major global innovation projects were launched, generating over CHF 200 million in sales during the first half of the year [1][2] Management and Future Outlook - CEO Laurent Freixe emphasized the company's commitment to enhancing performance and market share through strategic execution and increased investments [2] - Nestlé has taken substantial measures in the Greater China region to improve performance, including management adjustments [2] - The current focus is on strengthening value propositions to drive consumer demand for sustainable growth [2]

Core Viewpoint - Nestlé reported a decline in revenue and net profit for the first half of 2025, attributing the downturn to a shift in business strategy and external economic factors [2][3]. Financial Performance - Global revenue for the first half of 2025 was 44.228 billion Swiss francs, a decrease of 1.8% year-on-year [3]. - Net profit was approximately 5.065 billion Swiss francs, down 10.3% compared to the previous year [2][3]. - The organic growth rate was 2.9%, with a pricing contribution of 2.7% and a real internal growth rate of 0.2% [3][4]. Regional Performance - In the Greater China region, sales amounted to 2.470 billion Swiss francs, reflecting a decline of 6.4% year-on-year [7]. - The organic growth rate in Greater China was -4.2%, with a real internal growth rate of -1.5% and a pricing contribution of -2.7% [7]. Business Segments - The powdered and liquid beverages segment generated revenue of 12.308 billion Swiss francs, maintaining its position as the largest business segment [4]. - The pet care segment achieved revenue of 9.229 billion Swiss francs, with an organic growth rate of 1.3% [5]. - The confectionery segment showed strong performance with an organic growth rate of 8.5%, driven by a 10.6% increase in pricing [5]. Strategic Initiatives - Nestlé is focusing on enhancing its value proposition to stimulate consumer demand, with expectations of returning to sustainable growth within a year [9]. - The company is investing in high-growth areas such as ready-to-drink coffee and pet health products, with six major global innovation projects generating over 200 million Swiss francs in sales [6][9]. Management Changes - Nestlé has made significant management changes in the Greater China region, appointing a new CEO to drive performance improvements [8].

智通财经APP获悉，全球食品巨头雀巢(NSRGY.US)表示，正在评估是否出售旗下多个维生素品牌，包 括知名的Nature's Bounty，以应对消费者支出趋紧带来的增长压力。这一举措显示出大型包装食品公司 在销售放缓的背景下，正加快调整品牌组合，专注于更具增长潜力的核心业务。 雀巢首席执行官Laurent Freixe于7月23日表示，公司已启动对维生素、矿物质及营养补充剂部门中表现 不佳的大众化及平价品牌的战略审查，这可能最终导致这些品牌被剥离。 雀巢于2021年斥资收购了Nature's Bounty、Osteo Bi-Flex以及Puritan's Pride，曾寄望于大举进军营养保 健品市场。但随着市场竞争加剧及消费者行为转变，这一业务板块表现持续不及预期。Freixe指出，未 来公司将更加聚焦于Garden of Life和Solgar等高端补充剂品牌，这些品牌凭借科学研发、技术创新与品 牌力构建出明显的竞争优势。 除了营养品业务，雀巢也在评估旗下瓶装水品牌的战略方向，其中包括Perrier和San Pellegrino。早在 2021年，雀巢就已将北美瓶装水业务(涵盖Pure Life与Pol ...

Core Insights - Nestlé Group reported a 1.8% decline in sales for the first half of 2025, totaling 44.2 billion Swiss francs, impacted by a 4.7% negative effect from currency exchange due to the significant appreciation of the Swiss franc [1] - The organic growth rate was 2.9%, with a pricing contribution of 2.7% driven by measures taken to address rising raw material costs in coffee and cocoa categories [1] - The actual internal growth rate was only 0.2%, reflecting weak consumer demand and short-term impacts from price adjustments [1] Category Analysis - The main contributors to organic growth were the candy and coffee segments, with growth rates of 10.6% and 6.0% respectively, driven by pricing strategies [1] - Other categories showed more subdued organic growth, primarily supported by pet care and water businesses, while the cooking food segment experienced negative growth [1] Regional Performance - Developed markets had an organic growth rate of 1.8%, supported by a 1.0% actual internal growth rate and a 0.8% pricing contribution [2] - Emerging markets reported a higher organic growth rate of 4.5%, with a pricing contribution of 5.6%, but an actual internal growth rate of -1.1% [2] Channel Performance - Retail channels achieved an organic growth rate of 2.6%, while out-of-home channels saw a growth rate of 5.8% [2] - E-commerce sales experienced a significant organic growth rate of 12.3%, accounting for 20.2% of total sales [2] Strategic Initiatives - The company is increasing investments in high-growth areas, which are growing at four times the rate of the overall group, including ready-to-drink coffee and pet health products [2] - Six global innovation "major projects" are being rapidly promoted, including various new product launches, with 65 products already introduced to the market [2] Performance in Greater China - In the Greater China region, the company is implementing substantial measures to improve performance, including management adjustments [2] - The focus is on strengthening value propositions to drive consumer demand, with expectations for sustainable growth to resume within a year [2] Vitamins and Supplements Business - The company is evaluating underperforming mainstream and value brands in the vitamins, minerals, and supplements sector, which may lead to divestitures [3] - The focus will shift towards global premium brands such as Garden of Life, Solgar, and Pure Encapsulations [3]

Core Insights - Nestlé Group reported an organic growth rate of 2.9% for the first half of 2025, with a net profit of 5.1 billion Swiss francs and free cash flow of 2.3 billion Swiss francs [1] - The company emphasized flexible pricing strategies in its candy and coffee segments to address rising input costs while maintaining consumer penetration [1][2] - Significant marketing investments were made, with advertising and marketing expenses accounting for 8.6% of sales, leading to a fourfold growth rate in targeted categories compared to the overall organic growth rate [2] Financial Performance - The actual internal growth rate for the first half was 0.2%, with a pricing contribution rate of 2.7% [1] - In Q2, the organic growth rate reached 3.0%, with a pricing contribution of 3.3% [1] - The company expects organic sales growth to outperform 2024, with a projected operating profit margin of 16.0% or higher [4] Business Segments - The candy and coffee businesses were the main contributors to organic growth, driven by pricing factors of 10.6% and 6.0%, respectively [1] - E-commerce sales showed strong performance with an organic growth rate of 12.3% [1] - The company is focusing on high-end brands in the vitamins, minerals, and supplements sector, potentially divesting underperforming brands [3] Strategic Initiatives - In the Greater China region, the company is implementing substantial measures to enhance performance, including management adjustments and a focus on strengthening value propositions [2] - Nestlé has increased its stakes in two companies, including the full acquisition of the candy company Xu Fu Ji in China and a majority stake in Orgain in the plant-based nutrition sector [2] - The company aims to accelerate category growth and market share through strategic execution and increased investment [4]

Core Insights - Nestlé's sales decreased by 1.8% to CHF 44.228 billion due to currency effects, with an organic growth rate of 2.9% [1] - The company is focusing on improving execution and increasing investment to accelerate category growth and market share [2] - In the Greater China region, Nestlé is implementing substantial measures to enhance performance, including management adjustments [3] Financial Performance - Organic growth was driven by pricing contributions of 2.7% and an internal growth rate of 0.2%, indicating weak consumer demand [1] - The company's advertising and marketing expenses rose to 8.6% of sales in the first half of 2025 [2] - Nestlé's six major projects generated over CHF 200 million in sales during the first half of 2025, with a target of at least CHF 100 million in annual sales for each project within three years [2] Regional Insights - In most markets outside Greater China, Nestlé achieved broad growth, particularly in candy products, which saw strong internal growth rates and market share increases [1] - The organic growth rate in Greater China was -4.2%, with a focus on strengthening value propositions to drive consumer demand [3] - Nestlé's performance guidance for 2025 remains unchanged, expecting organic sales growth to outperform 2024 [3]