Business
Lindt Shares Sink as Iran Conflict Deepens Consumer Gloom
Lindt & Spruengli’s LISP -1.56%decrease; red down pointing triangle shares slumped after the company lowered its guidance for 2026, citing a bleak consumer mood exacerbated by conflict in the Middle East.
The Swiss chocolatier’s cut to growth expectations for the year comes after it booked lackluster sales over the key Christmas period. A continued gloomy mood among consumers and suppressed appetite for the company’s wares is a central concern for Lindt as uncertainty rises, Chief Executive Officer Adalbert Lechner said.
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