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Consumers make coffee at home during the pandemic

The Wall Street Journal 04/22/2021

Nestlé reported a 7.7 percent increase in organic revenue of its coffee business during the first quarter. Sales of Nespresso pods, Nescafé instant coffee and Starbucks products exceeded the expectations of analysts. The consumer packaged goods giant achieved market share gains in North America and Europe as more people made their own coffee at home rather than going out to coffee shops.

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