Hershey Feels Strain as Consumers Spend Less on Candy -- WSJ
Dow Jones2026/10/29 15:00By Jesse Newman
Chocolate giant Hershey said consumers are pumping the brakes on convenience-store candy.
Hershey said overall sales across the industry for U.S. candy, gum, and mint declined nearly 5% in convenience stores in September, as consumers grew more deliberate about spending.
"The operating environment has become more challenging as consumers manage the cumulative pressure of higher gas prices, inflation, and interest rates," said Hershey CEO Kirk Tanner, adding that similar caution is extending into October.
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(END) Dow Jones Newswires
October 29, 2026 11:00 ET (15:00 GMT)
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