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Swiss giant Nestle hit by slowing sales, unlike rivals Unilever and Danone

Swiss giant Nestle hit by slowing sales, unlike rivals Unilever and Danone

Nestle sales growth sputtered in the first quarter as the maker of Nespresso coffee was hit by cooler demand in North America and supply constraints at its vitamins unit. Sales rose 1.4% in the period on an organic basis, the Swiss company said Thursday, about half the estimate of analysts. Its real internal growth rate...