Hershey Warns It Won T Fully Meet Consumer Demand This Halloween Christmas
Hershey Co. warns of an upcoming Halloween horror, announcing on Thursday that it would fall short of meeting demand for this year’s trick-or-treat and Christmas holiday seasons. Like many manufacturers, Hershey has been hit by supply chain issues and the war in Ukraine, making ingredients like cocoa, edible oil and other food ingredients hard to find. “Seasonal consumer engagement is expected to remain high, and we expect high single digit sales growth for both our Halloween and holiday seasons,” said CEO Michele Buck in the company’s second-quarter earnings call this week....