Nestle beats Q2 organic sales expectations, forms waters joint venture
Second-quarter sales beat expectations
Nestle NESN.S on Thursday posted slightly better than expected second-quarter organic sales growth and said it plans to create a joint venture with Platinum Equity for its waters and premium beverages business.
The world's biggest packaged food company also said it now expects full-year organic sales to grow between 3% and 4%, instead of its previous target of "around 3%."
