Nestle(US:NSRGY) Zhi Tong Cai Jing·2025-10-16 15:14Core Insights - Nestlé's stock surged over 8%, marking its largest increase since 2008, closing at $103.60 [1] - The company reported a 4.3% increase in Q3 sales, exceeding analyst expectations, driven by price hikes in coffee and candy [1] - Nestlé plans to cut 16,000 jobs as part of a major restructuring effort aimed at stabilizing performance and restoring investor confidence [1] Financial Performance - Q3 sales growth of 4.3% surpassed analyst forecasts [1] - The increase in sales was attributed to price adjustments in key product categories such as coffee and candy [1] Strategic Initiatives - The new CEO has prioritized improving organic growth as a key objective for the company [1] - A significant restructuring plan is underway, which includes a workforce reduction of 16,000 employees [1]