When it comes to frozen novelties, Nestlé had a standout year in every way. According to data from Chicago-based Information Resources Inc. (IRI), the Arlington, Va.-based company sold more than $1 billion in frozen novelties during the 2022 calendar year.
For the 52 weeks ending January 1, Nestlé sold $1.07 billion worth of frozen novelties, enjoying a robust 24% gain year over (YoY) in U.S. multi-outlets and convenience stores. Equally as impressive in a high inflation environment were its unit sales gains, which rose 9% YoY to nearly 200 million units, IRI reports.