Latest news with #Kitkat
Daily Mail
18 hours ago
- Business
- Daily Mail
Customers react to KitKat's shrinkflation
Kitkat fans have snapped after shrinkflation hit the teatime chocolate favourite, with multipacks getting smaller and more expensive. Some packs have shrunk by three whole bars while the price has gone up 40p or more. Packs of 21, which were previously available for £3.60 in Tesco , now contain just 18 bars but now cost £4. Nine packs, which were £1.95 or £1.30 with a Tesco Clubcard in April, are down to eight and cost £2.20. The change has been spotted by shoppers who have railed at the latest example of shrinkflation, where products shrink in size but the price remains the same or goes up. It comes after multipacks of Cadbury Twirl chocolate bars recently shrunk from 10 to 9, Dairy Milk Little Bars went from four to six and packs of Freddos are now four from five. The British Retail Consortium said global cocoa prices are around three times higher at the moment than in 2022, after being badly affected by poor harvests in parts of Africa. Nestlé said: 'Like every manufacturer, we have seen significant increases in the cost of cocoa, making it much more expensive to manufacture our products. 'As always, we continue to be more efficient and absorb increasing costs where possible. 'To maintain the same high quality, delicious products that consumers know and love, it has sometimes been necessary to make adjustments to the price, weight or size of some of our products. 'Retail pricing is always at the discretion of individual retailers.' The manufacturer confirmed the recommended retail price (RRP) of the packs had changed from £5.09 for the old 21-packs to £5.50 for 18-packs, while the old nine packs had gone from £2.25 to £2.50 for eight.
Time of India
10-06-2025
- Entertainment
- Time of India
Kitkat gives GenZ a break from decision-making
HighlightsNestle Kitkat has launched the campaign 'Kitkat Snap to Decide' featuring actor Jackie Shroff, aimed at providing a fun break from everyday decision-making. According to Gopichandar Jagatheesan, head of the confectionery business at Nestle India, the campaign transforms trivial dilemmas into light-hearted moments for consumers, particularly targeting Generation Z. The campaign encourages individuals to take a playful approach to decision-making, promoting the idea that sometimes the best way to decide is simply to snap and go with the flow. Nestle Kitkat has launched its latest campaign, ' Kitkat Snap to Decide ' with actor Jackie Shroff . Gopichandar Jagatheesan, head, confectionery business , Nestle India , said, 'With 'Snap to Decide', we've taken a familiar brand ritual and turned it into a fun, relatable tool that gives them a much-needed break from decision-making .' While life continues to be all about choices, from trivial to significant —especially for the Gen Z—this campaign transforms everyday dilemmas into light-hearted, 'no-pressure' moments. From choosing playlists to picking meals – even the smallest of choices can feel exhausting in today's always-on world. With Snap to Decide, Kitkat offers a playful way to take a break from overthinking —just snap and go with the flow, the brand stated in a press note. The rollout continues with a range of digital creators who are bringing the idea to life: sometimes, the best way to decide is with the snap of a Kitkat. Watch the video here: View this post on Instagram A post shared by KITKATINDIA (@kitkatindia)
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Business Standard
22-04-2025
- Business
- Business Standard
Nestle Q4 results preview: PAT may slip 9% YoY; Check date, time, estimates
Nestle Q4 results preview: Kitkat and Maggi maker Nestle India is set to announce its Q4FY25 numbers on Thursday, April 24, 2025. Nestle Q4FY25: Profit expectations: In the fourth quarter (Q4FY25) brokerages tracked by Business Standard expect Nestle's adjusted net profit to decline 9.12 per cent in the quarter ended March 31, 2025, on average, to ₹848.86 crore as compared to ₹934 crore a year ago. On a sequential basis, the PAT is expected to rise 22 per cent. Analysts believe PAT may decline Y-o-Y on account of lower other income. Nestle Q4FY25: Revenue expectations The company's revenue, on average, for the fourth quarter ended March 31, 2025, is anticipated at ₹5,490.36 crore as compared to ₹5,254 crore a year ago, implying to a rise of 4.5 per cent Y-o-Y. Sequentially, revenue is likely to increase 15.3 per cent. ALSO READ | Nestle Q4FY25: Key monitorables Analysts and investors will look forward to the company's demand outlook on rural against urban, competitive intensity and raw material trends. Here's how will Nestle fare in Q4FY25: Morgan Stanley: The global brokerage estimates 4 per cent domestic revenue growth in the quarter under review against 3 per cent growth in Q3F25. Consolidated revenue for the fourth quarter ended March 31, 2025, is estimated at ₹5,412.5 crore as compared to ₹5,254 crore a year ago. Earnings before interest, tax, depreciation and amortisation (Ebitda) margins likely to weaken Y-o-Y and improve sequentially. Philip Capital: Analysts at Philip Capital expect mid-single-digit sales growth driven by a mix of volume and price. Beverages (double digit), confectionary (high single digit) and prepared dishes (high single digit) to do well. Milk and Nutrition segment growth is likely to remain stable Y-o-Y. The consolidated revenue for the fourth quarter is estimated at ₹5,556.6 crore as compared to ₹5,254 crore a year ago. Meanwhile, Ebitda is likely to be under stress due to inflation in coffee, cocoa, wheat and vegetable oil, on a high base. Ebitda for Q4FY25 is estimated at ₹1,311.6 crore as compared to ₹1,350.1 crore a year ago. Ebitda margin for Q4FY25 is expected at 23.6 per cent as compared to 25.7 per cent a year ago. ALSO READ | Axis Securities: Analysts at Axis Securities anticipate revenue of Nestle to grow 5 per cent Y-o-Y to ₹5,502 crore as compare to ₹5,254 crore, led by 3 per cent volume growth and price hikes. Ebitda margin is likely to decline 182 basis points (bps) Y-o-Y to 23.9 per cent as compared to 25.7 per cent on account of subdued gross margin performance. Besides, PAT is forecasted to decline on a Y-o-Y basis, owing to lower other income. PAT for the fourth quarter (Q4FY25) is pegged at ₹847 crore as compared to ₹934 crore a year ago.
