Hershey has just announced a big change in his prices

Lately it has been becoming increasingly difficult to keep an eye on all rising prices in the grocery store. Just like the egg prices according to A behavior Bird flu-inzated deficiency, other issues are more expensive than Minced meat And coffee. And while Tariff are partly to blame for some products of some products, they are not the only reason why we see a spike.

Hershey recently announced his plans to increase prices, and this is not due to tariff policy. Instead, it is generally due to cocoa prices. After a lower average plant production in West Africa in 2024 ,, The cocoa prices started to climb At the end of last year. Experts forecast An increase in chocolate prices by 10 percent throughout 2025 – and Hershey’s finally calls to implement higher price tags.

Hershey’s announcement of plans to increase prices

The Hershey company recently informed its retailers that it is to increase the prices in the “lower double-digit range”, so Cnn. The company has not specified a precise percentage or dollar amount for the increase, but it was increased in a recently carried out price Income call.

“This month, Hershey announced a new price campaign in our entire US confection portfolio,” said Michele Buck, CEO and Hershey. “Our teams were strategic and thoughtful in relation to our relative value in our categories and the broader consumption matters. Over 75% of the articles in our portfolio remain below 4 US dollars.”

Hershey’s entire chocolate position, from KissKit Kat and Reese von Heath, Rolo and WHoppers are influenced by this increase. While higher prices are never good news, there are some silver strips. Hershey says It will not increase the prices for Halloween or vacation sweets.

“We will have a transition period for our retailers to adapt to these new prices, and we will protect important advertising events and important tent poles for our customers and consumers who rely on Hershey’s diverse portfolio,” said Buck in the profit call.

“The first season affected Questions and A.

In addition to the price increase, Hershey announced that it will be “(simplified) packaging and product range and (optimization) of manufacturing efficiency to increase savings for Hershey and our customers,” said Buck. This “Smart Complexity” initiative will expand your updated
Price packing architecture that the company has announced in its May profit call. This essentially means that Hershey’s plans to change his packaging “Shrinkage.”

It is still time to get prices from the products of your favorite Hershey product before increasing the prices. And hey, we already knew a Reese’s pumpkin The freezer tastes just as delicious – maybe this year you only have to make room for a few additional bags.