Report
Hershey narrows 2026 organic sales outlook amid weaker Halloween candy sales
Hershey executives said category-wide convenience-store candy sales fell 5% in September and remained weak into October.
TLDR
NielsenIQ data showed Halloween candy sales fell 6.7% in the month ending October 17 from a year earlier. Hershey narrowed its 2026 organic sales growth outlook to about 3%, the low end of its previous 3% to 3.5% range. CFO Dave Hulays said shoppers were shifting spending to mass retailers, e-commerce and warehouse clubs. CEO Kirk Tanner said about 35% of Hershey’s seasonal sales fall in the final week before Halloween.
Combined views
8K
2 Sources, first seen ago
