Nestle shares were down 4.9% by 10:50 a.m. London time (5:50 a.m. E.T.). Kit Kat Chunky packaging are seen at a store in Poland on July 15, 2025. Swiss food giant Nestle said Thursday that prices for its KitKat bars and Nespresso coffee pods could rise further in the second half of this year, as U.S. tariffs risk exacerbating existing commodity price pressures. CEO Laurent Freixe said that he was "satisfied" with broad price hikes implemented in the first half of the year, but said that company was still co ...