Nestlé cuts profit forecast
I’m looking forward to that headline, so that I can laugh and laugh and laugh...
Step 1: Loudly broadcast that they are sugar and salt in their cereals bowing at the alter of Obama and the food police.
Step 2: Nestle cereal sales tank.
Step 3: Nestle stock share price tanks.
Step 4: Nestle quietly restores all salt and sugar content and quietly boosts content in certain cereals.
Step 5: Sales slowly recover.
Step 6: Nestle stock price slowly recovers.
Step 7: Years later, Nestle executives disregard consumers again and look to satiate the politically correct beast in another way, they fail, and then wonder what happened. The company again loses billions.
I remember reading years ago that there was more salt in a 1-ounce serving of Cheerios than a 1 ounce serving of potato chips. That set my BS meter off so the next time I was in the store I checked it out for myself. I grabbed the first bag of potato chips I saw, looked up the sodium content then checked out the Cheerios. Derned if it wasn’t more. So they could probably cut some salt out without affecting the taste too much.