Wood Chips In Cookies? Nestle Toll House Cookie Dough Recall In US
Portfolio Pulse from Aaron Bry
Nestlé ADR (OTC:NSRGY) has voluntarily recalled its Toll House Chocolate Chip Cookie Dough due to reports of wood chips in the product. The company is working with the FDA and believes the issue is isolated. PepsiCo, Inc. (NYSE:PEP) also recently had a recall due to undeclared allergens in its Doritos product.
August 14, 2023 | 4:39 pm
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NEGATIVE IMPACT
Nestlé's voluntary recall of its Toll House Cookie Dough could potentially impact the company's reputation and sales in the short term.
Product recalls can lead to negative publicity, which can in turn affect consumer trust and sales. However, as Nestlé has stated that the issue is isolated and there have been no reported injuries or illnesses, the impact may be limited.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
PepsiCo's recent recall of Doritos due to undeclared allergens could potentially impact the company's reputation and sales in the short term.
Product recalls can lead to negative publicity, which can in turn affect consumer trust and sales. However, the impact on PepsiCo may be limited as the recall is not the main focus of the news.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50