Hershey Says Sweets Category Is Eating Into Chocolate's Share -- Market Talk

Dow Jones
02-06

1009 ET - Hershey said its volume of chocolate sales decreased in its most recent quarter, which CEO Michele Buck attributed in part to convenience stores facing pressure. Consumers also continue to be focused on health and wellness, she said, with the chocolatier seeing growth in zero-sugar and protein products. Successful innovation in the sweets category has also contributed, Buck said, highlighting Shaq-a-licious sour gummies and freeze dried Jolly Ranchers as two recent examples, and will come to Reese's Peanut Butter Cups later this year. (roshan.fernandez@wsj.com)

 

(END) Dow Jones Newswires

February 06, 2025 10:09 ET (15:09 GMT)

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