Stock Movers Kohl’s Says Shoppers Want More Value; Lindt Tumbles After Cutting Guidance; Beyond Meat Drops 'Meat' From Name
Mar 10, 2026
Retailer Kohl’s struggles with holiday sales and leadership changes as shoppers chase more value. Swiss chocolatier Lindt tumbles after cutting annual guidance amid geopolitical and cocoa-cost pressures. Beyond Meat rebrands to Beyond and signals a shift toward broader plant-protein products and new categories.
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Kohl's Holiday Sales Shortfall
- Kohl's missed expectations as comparable same-store sales fell 2.8% during the holiday period.
- Host (Primary Market Commentator) says Kohl's lost competitive ground on Black Friday, Cyber Monday and Christmas and faces a more value-conscious shopper.
Lindt Lowers Guidance After Geopolitical Hit
- Lindt cut full-year sales guidance, blaming geopolitical turmoil and supply disruptions.
- Host (Primary Market Commentator) notes transport and packaging risks from the Gulf war plus near-record cocoa costs despite prior price hikes.
Beyond Drops Meat From Name
- Beyond Meat rebranded to Beyond and plans plant-based protein beverages and bars.
- Host (Primary Market Commentator) contrasts its 2019 $235 peak with current 76 cent trading and potential NASDAQ delisting.