Lindt Shares Drop to 11-Month Low on Concerns About Inventory Buildup
By Joe Stonor
Shares in Swiss chocolate maker Lindt & Spruengli fell to an 11-month low as analysts raised concerns over a potential inventory buildup weighing on performance.
Stock in the company dropped 2.6% to 11,120 Swiss francs in afternoon European trading.
Earlier in the day, the company reported better-than-expected organic sales growth of 12% for 2025, supported by 19% in price increases as the company passed higher cocoa costs on to customers.
Despite the strong sales growth, investors will be concerned about weak scanner data from European grocery stores, analysts at Bernstein Research said.
Scanner data, which records sales at the checkout, showed sales growth of around 2% in Europe through November, far behind the 14% organic sales growth Lindt recorded in the region for the second half of 2025.
The discrepancy could point to a significant inventory buildup in Europe that could weigh on the company's performance in 2026, the analysts said.
Lindt shares are down 7.3% over the last three months to Monday's close.
The company didn't immediately respond to a request for comment.
Write to Joe Stonor at josephmichael.stonor@wsj.com
(END) Dow Jones Newswires
January 13, 2026 11:31 ET (16:31 GMT)
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