How did the coffee bean price surge affect Nestlé?

Nestlé had to raise prices on Starbucks products in the U.S., which temporarily curbed sales and led to lower-than-expected growth in Q2.

Which Starbucks products were affected?

Starbucks-branded coffee pods in the United States.

Nestlé Q2 2026 Earnings Hit by Coffee Bean Price Surge

Q: Did Nestlé disclose specific financial figures?

No, Nestlé did not provide specific figures in its preliminary statement.

Nestlé reported Q2 2026 results impacted by soaring coffee bean prices, leading to price increases on Starbucks-branded products in the U.S. and temporarily dampening sales.

July 23, 2026

2 min read

Source: The Wall Street Journal

Nestlé reported its second-quarter 2026 results today, missing expectations due to rising coffee bean costs. The company attributed the weaker growth to its decision to raise prices on Starbucks (SBUX) branded coffee pods in the United States to offset the surge in bean prices, which temporarily curbed sales.

Key Financial Metrics

Metric	Q2 2026	YoY Change
Revenue	Not disclosed	-
Net Income	Not disclosed	-
EPS	Not disclosed	-

Note: Nestlé did not provide specific figures in its preliminary statement.

Highlights from the Statement

Global coffee bean prices surged, pressuring margins.
Nestlé raised prices on Starbucks coffee pods in the U.S. market.
Sales were negatively impacted temporarily due to higher prices.

Future Guidance

Nestlé did not issue formal guidance for the next quarter but indicated continued cost pressures.

Stock Impact

Nestlé shares (NESN) are expected to decline in today's session, while Starbucks (SBUX) may see a limited impact.

What This Means for Investors

Rising coffee bean prices pressure major coffee companies, but Nestlé's diversified portfolio may mitigate the impact. Investors will watch the company's ability to pass on costs without losing market share.

Frequently Asked Questions

The source did not specify a reason, but global coffee bean price increases are often due to weather factors or rising demand.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.