Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Lindt & Sprüngli sells significantly less chocolate than expected - the stock plummets

For the second time this year, the company's management is adjusting its sales forecast downward. Is Lindt no longer resonating with consumers?

Translated from German Read in German

Lindt & Sprüngli sells significantly less chocolate than expected - the stock plummets

Lindt & Sprüngli, the renowned Swiss chocolate conglomeration, has experienced a sharp decline in chocolate sales, leading to a significant drop in its stock price. For the second time this year, the company's leadership has revised its sales forecast downwards, causing considerable concern among investors. The organization anticipates a modest organic revenue growth of 0 to 2 percent in 2026, a stark contrast to its usual target of 6 to 8 percent.

The substantial decline in Lindt's stock price, dropping by nearly 8 percent at market opening, reflects the market's skepticism towards the company's revised forecasts and its ability to maintain its premium positioning in the chocolate market. Analysts warn that repeated forecast corrections may damage Lindt's reputation for reliable goal-setting, a key factor contributing to its high market valuation.

Written by urgent.news from NZZ Wirtschaft's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at nzz.ch →

More in Finance & Markets

More from Tuesday 29 September →