logo
Share SHARE
FONT-SIZE Plus   Neg

Nestlé USA Voluntarily Recalls HOT POCKETS Brand Philly Steak And Cheese

Swiss foods giant Nestle SA (NSRGY.PK,NSTR.L) Tuesday said that Nestle USA's Prepared Foods Division voluntary recalled HOT POCKETS brand Philly Steak and Cheese in three different pack sizes and HOT POCKETS brand Croissant Crust Philly Steak and Cheese, in the two pack box.

The firm attributed the decision to the recall announced last week by Rancho Feeding Corp. which affects many companies. ''Our teams at Nestlé have reviewed our vendor records and have determined that one Nestlé brand has been impacted by the Rancho meat recall,'' the firm said.

Rancho last week recalled around 8.74 million pounds, because it processed diseased and unsound animals and carried out these activities without the benefit or full benefit of federal inspection.

Nestle said it did not purchase meat directly from Rancho. The company's procurement teams worked with their supply chain to understand whether any company in this chain may have purchased meat from Rancho.

After this review, the firm confirmed that a small quantity of meat from Rancho was used at Nestle's Chatsworth, California production operation, a facility devoted entirely to HOT POCKETS brand sandwiches.

The recall is limited to these two products, distributed nationwide.

The stock fell 0.4 percent in Zurich on Tuesday to close at 65.75 Swiss francs.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Computer and printer maker Hewlett-Packard Co. said Thursday after the markets closed that its second quarter profit fell 21% from last year, hurt by lower revenue and costs related to the planned separation of the company. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Accounting software maker Intuit reported a plunge in third-quarter profit, hurt by impairment charges, even as results topped Wall Street estimates, driven by growth in small business segment amid a strong tax season. Struggling teen-apparel retailer Aeropostale Inc. (ARO), Thursday said its first-quarter loss narrowed from a year ago, driven largely by stronger margins even as revenues continued to plunge dropped. Nevertheless, the company lost almost one-fifth of its market value in after-hours trade, with the...
comments powered by Disqus
Follow RTT