Group 1 - The core point of the article is that Nestlé USA will increase prices on certain chocolate products due to rising commodity costs [1] Group 2 - The price increase is a response to the impact of commodity costs on the company's operations [1]

出品丨搜狐财经 作者丨饶婷 编辑丨李文贤 继被撤销独立大区后，近日雀巢大中华区被曝换帅。 不过搜狐财经盘点发现，近三年，雀巢大中华大区的销售额徘徊在50亿瑞士法郎左右，始终未能突破人民币500亿元。 据悉，执掌大中华区三年的张西强即将离任，由菲律宾市场负责人马凯思（Kais Marzouki）接棒。 数据显示，2022年至2024年，雀巢大中华区的销售额依次为53.51亿、50.37亿、49.73亿瑞士法郎，逐年下滑，不过有机增长率分别为3.50%、4.20%和 2.10%。 中国食品产业分析师朱丹蓬认为，雀巢作为"超级航母"具备战略惯性，人事变动难以动摇其既定节奏。 在消费市场仍显疲态的当下，未来如何带领雀巢中国市场突破增长瓶颈，是新帅马凯思即将面临的一场关键考验。 雀巢中国首位本土CEO离职 作为首位本土CEO，张西强即将挥别工作了13年的雀巢中国。 据悉，张西强则将于7月1日正式卸任，并在今后的18个月中继续担任雀巢战略顾问。 回溯其职业轨迹：2012年雀巢收购惠氏，时任惠氏财务总监的张西强顺势进入雀巢体系，此后历任惠氏营养品业务高级营运总监、上海太太乐食品有限公 司总裁兼雀巢大中华区食品业务负责人等职 ...

特朗普关税引爆连锁反应，价格飙升正在席卷美国市场。周一，美股期货开盘走低，市场担忧涨价潮将导致消费需求萎缩和通胀压力上升的双重打击。 亚马逊近千种商品平均涨价29%，而Shein美容和健康类商品中排名前100的产品平均涨价51%，部分品类商品价格暴涨高达377%。 这波价格调整不仅影响在 线零售商，还波及宝洁、联合利华等消费品巨头。 电商平台掀起涨价潮 在特朗普政府关税政策威胁下，电商巨头们已开始大规模涨价行动。 亚马逊平台上的商家正面临严峻抉择：要么提高价格，要么自行承担美国新关税带来的额外成本。而这些卖家早已面临利润被挤压的困境。过去几年，仓储、 配送、运输和广告费等成本不断上升，同时激烈的平台竞争也带来了价格压力。 另据媒体报道，快时尚巨头Shein在即将到来的小包裹关税实施前大幅提高了美国产品价格。 数据显示，Shein在美国大部分物价上涨发生在周五，部分品类的涨幅明显高于其他品类。美国市场上Shein的美容和健康类商品中排名前100的产品较周四平 均涨价51%，家居厨房产品和玩具平均涨幅超过30%，一款10件套厨房毛巾价格暴涨377%，女装价格平均上涨8%。 媒体对50件不同类别商品的抽样调查发现， ...

继去年集团CEO换人后，雀巢又有新的高层变动，这次是中国市场负责人的变更。 近日，雀巢集团宣布任命马凯思（Kais Marzouki）为大中华区市场负责人，现任大中华区市场负责人张 西强将卸任，2025年7月1日起生效。根据安排，双方将在5月开始进行交接。张西强将在今后的18个月 中继续担任公司战略顾问。 与此同时，张西强也有了新的职业动向，将加入由元气森林创始人唐彬森创办的挑战者创投，担任运营 合伙人。新老负责人交接背后，雀巢对于中国市场的重视程度不断提高，同时持续加码中国市场投资。 雀巢中国时隔三年多换帅 新负责人是雀巢"老将" 公开资料显示，马凯思拥有欧洲管理学院管理学硕士学位，于1995年加入雀巢集团，现任雀巢菲律宾董 事长兼首席执行官。此前曾在雀巢担任多个重要职务。在本次新任命之前，他于2018年7月起就出任雀 巢菲律宾董事长兼首席执行官。在更早前，他还担任过雀巢中非和西非地区首席执行官等职位。 值得关注的是，作为"老将"的马凯思受到雀巢新任全球CEO傅乐宏的赏识，后者曾多次赞扬菲律宾市场 的本土化创新，称"10个当地家庭中有9个都购买雀巢产品。"在马凯思的带领下，雀巢在菲律宾市场上 取得了业务的显 ...

雀巢集团4月24日发布的2025年第一季度报告显示，前三个月总销售额同比增长2.3%至226亿瑞士法 郎。雀巢集团大中华区一季度有机增长率为1.7%，其中实际内部增长率为4.0%，定价贡献率为-2.3%。 今年2月，雀巢宣布收购徐福记剩余40%的股份，实现100%全资控股。今年3月，傅乐宏到访中国市 场，在接受媒体采访时提到，雀巢将重点关注咖啡、宠物食品和营养品三大业务。他说，"中国是雀巢 集团的投资重点，集团也会继续支持和赋能中国业务的增长。未来，雀巢愿持续扩大对华投资，进一步 加快生产和研发本土化，推动数字化转型，加速在华业务的增长与创新。" （原标题：撤销独立大区后，雀巢又换了中国市场负责人） 4月25日，雀巢集团宣布任命马凯思（Kais Marzouki）为大中华区市场负责人，现任大中华区市场负责 人张西强将卸任，2025年7月1日起生效。同日，挑战者创投公布，张西强将加入挑战者创投，担任运营 合伙人。这是雀巢集团自去年10月宣布不再将中国市场设立为独立大区后（今年1月1日起生效），推出 的一项人事调整举措。 公开资料显示，马凯思于1995年加入雀巢集团，现任雀巢菲律宾董事长兼首席执行官。雀巢集团方面 ...

财报中，傅乐宏称第一季度的业绩表现符合预期，他也对美国关税事件进行分析，认为其产生的间接影 响，包括对消费者和客户以及货币和大宗商品价格的影响在此阶段仍然不明朗。 雀巢中国管理层又有新变化 雀巢集团的新一轮战略调整仍在进行中。4月24日发布的2025年一季报显示，雀巢集团单季收入增速同 比和环比都有提速的迹象。同时第一财经记者今日（4月25日）从雀巢中国了解到，雀巢集团已任命了 马凯思（Kais Marzouki）接替即将于今年7月1日离职的张西强担任中国业务负责人。 财报显示，2025年第一季度雀巢集团实现收入226亿瑞士法郎，同比增长2.8%，这一增速高于2024年第 一季度的1.4%和2024年全年的2.2%。从分业务上看，雀巢的增长主要是依靠糖果和咖啡业务带动，两 者分别同比增长了8.9%和5.1%，宠物护理业务同比增长1.6%。 在外界看来，雀巢的业绩变化背后，雀巢集团新帅傅乐宏（Laurent Freixe）的改革正在逐步见效。在 2024年9月正式接任雀巢的首席执行官后，傅乐宏将雀巢的战略模式从此前通过出售和并购改善业务结 构，转变为新的聚焦战略，即数量更少、规模更大、效果更好。 记者注意到，2 ...

Group 1 - Multiple CEOs from global companies have warned of price increases across various consumer goods, including chocolate, diapers, and automobiles, due to high tariffs and raw material costs, which will impact global consumer demand and inflation risks [1][2] - Procter & Gamble estimates that current and upcoming tariffs will increase its annual costs by $1 billion to $1.5 billion, with plans to raise product prices to offset this cost pressure [1] - Morgan Stanley analysts suggest that Procter & Gamble may need to raise prices by 1% to 2% on average to cope with tariff impacts, although the specific increase will vary by product type and region [1] Group 2 - Unilever and Nestlé have already begun raising prices on some products in response to rising raw material costs, with Nestlé's CEO indicating further price hikes may occur if tariffs continue to push costs up [2] - PepsiCo has opted for a different strategy by introducing "value versions" of popular products to attract consumers, although this often results in reduced product specifications while effectively increasing unit prices [2] - Ford has announced plans to raise new car prices if tariff relief is not provided, while Hyundai is taking a cautious approach, willing to absorb some tariff costs to maintain or expand market share [2] Group 3 - Some companies, like Tractor Supply, are delaying price increases despite suppliers raising costs, aiming to avoid dampening consumer demand amid uncertainty [3] - Economists expect that the tariffs imposed by the Trump administration will lead to renewed inflationary pressures, with the Federal Reserve closely monitoring price trends to prevent short-term shocks from becoming long-term inflation [3] - Consumer confidence in the U.S. has been affected, with surveys indicating rising inflation expectations among consumers, despite some spending increases in March due to preemptive purchases [3] Group 4 - Despite warnings from businesses and consumers about economic challenges, Trump has attempted to downplay the negative impacts, claiming significant decreases in gas and grocery prices [4] - The reality of corporate actions and market feedback suggests a more pessimistic outlook, with a new wave of price increases indicating that consumers may face a more expensive lifestyle ahead [4]

Financial Data and Key Metrics Changes - The company reported a resilient organic sales growth of 2.8% in Q1, with a real internal growth (RIG) of 0.7% and pricing contributing 2.1% [13][36] - Sales were negatively impacted by foreign exchange movements, although the impact was less than the previous year [13][14] - The company is on track to deliver CHF700 million in incremental cost savings in 2025, in addition to over CHF1.2 billion from ongoing efficiency initiatives [4][36] Business Line Data and Key Metrics Changes - In Zone Americas, organic growth was flat, with positive RIG in North America and strong growth in Latin America, driven by pricing actions in confectionery and coffee [19][20] - Zone AOA delivered positive growth across all categories, particularly in confectionery, with double-digit growth in Maggi Cooking aids and emerging market PetCare [20][21] - Zone Europe generated broad-based growth across markets and categories, with improving market share trends [22][23] - The Health Science segment showed mixed performance, with double-digit growth in premium brands but slower growth in Nature's Bounty and Vital Proteins [24][26] Market Data and Key Metrics Changes - Consumer sentiment remained subdued across various regions, particularly in China, where organic growth was driven by sales phasing rather than underlying consumption [21][22] - The company noted fragile consumer confidence in many geographies, exacerbated by macroeconomic and political uncertainties [17][18] Company Strategy and Development Direction - The company is focused on accelerating growth through investments in key brands and categories, supported by the Fuel for Growth savings program [3][4] - The strategy includes harmonizing organizational structure in Europe and enhancing R&D capabilities to support growth [5][6] - The company aims to strengthen its core brands while addressing underperformers and expanding into new growth platforms, particularly in Nutrition and women's health [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to navigate the uncertain environment and continue to accelerate growth [12][43] - The company is closely monitoring consumer reactions to pricing changes and the impact on RIG, particularly in light of soft consumer demand [17][18] - Management highlighted the importance of maintaining consumer penetration while managing pricing strategies in response to input cost inflation [15][16] Other Important Information - The company expects organic sales growth to improve compared to 2024, with guidance for a UTOP margin at or above 16% as investments for growth continue [36][37] - The company is actively managing the impact of currency fluctuations and tariffs on its pricing strategies [66][70] Q&A Session Summary Question: Impact of positive sales phasing in China and Nespresso - Management indicated a relatively small impact of about 20 basis points at the group level from sales phasing in China and Nespresso, with uncertainty on potential unwinding in Q2 [49][50] Question: Guidance for organic sales growth - Management confirmed expectations for organic sales growth to strengthen throughout the year, but cautioned against expecting consistent quarter-on-quarter improvements [51][52] Question: Performance in infant nutrition - Management acknowledged softness in the infant nutrition category, particularly in the U.S., and emphasized the need to address underperformance in Gerber [41][54] Question: Pet food performance - Management noted slightly negative pricing in pet food due to a mild commodity environment, but expressed confidence in the category's strength and growth potential [62][63] Question: Currency and tariff impacts - Management provided insights on the impact of currency fluctuations on UTOP margins and confirmed that tariffs would affect certain products, but emphasized the company's ability to manage these challenges [66][70] Question: Reorganization in Europe - Management explained the reorganization aims to enhance operational efficiency and effectiveness, aligning Zone Europe with other zones to improve market responsiveness [84][85] Question: Consumer sentiment and inflation - Management highlighted cautious consumer sentiment due to inflation and economic uncertainties, but expressed confidence in the company's strategy to navigate these challenges [88][90]

Three-month sales 2025 Investor & analyst presentation Three-month sales 2025 Investor & analyst presentation Disclaimer This presentation contains forward looking statements which reflect Management's current views and estimates. The forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Potential risks and uncertainties include such factors as general economic conditions, foreign exchan ...