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Nestle USA chief sees no easing in food consumption post-Covid peak

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Consumers’ high appetite for food during the peak of Covid lockdowns won’t end for some time, Nestle USA chief Steve Presley told CNBC on Thursday.

“When you look at the changing trends in food and what happened during the pandemic and what’s happening after, … a lot of those consumer behaviors are sticking,” the chairman and CEO said on “Squawk Box.”

“We see really strong tackiness to those occasions and to those behaviors that we saw during the peak of the pandemic, sticking and continuing to drive growth. And we expect that to continue through the rest of certainly ’21 and beyond,” he added.

Nestle on Thursday reported global sales grew 1.5% to just over $46 billion in the first six…



Source cnbc.com

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