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Nestle
shares rose 3% Thursday after the maker of Nescafé and KitKat reported organic sales growth for the fourth quarter that beat analyst forecasts.
The closely watched organic growth rate came in at 4%, beating a FactSet consensus of 3.55%. For 2026, Nestle said it is targeting organic sales growth of 3% to 4%, along with an improvement in its underlying trading operating profit margin, which stood at 16.1% in 2025.
The Vevey, Switzerland-based company also announced it was planning to sell its remaining ice cream business to Haagen-Dazs owner Froneri, a joint venture by PAI and Nestle.
