Big, international product companies are passing on higher costs to consumers
April 22, 2022
Companies as diverse in their offerings as Nestle, Danone, Tesla and United Airlines all have one thing in common — they have all been enjoying strong sales demand despite higher prices in recent months. “We stepped up pricing in a responsible manner and saw sustained consumer demand,” said Nestle, which reported a 7.6 percent increase in organic sales in its first quarter.
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