Hershey, cocoa and chocolate bar
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Rising ingredient costs prompted Hershey to raise prices on chocolate products, and the company noted the change is unrelated to tariffs or trade policies.
Hershey, the maker of Reese’s, Whoppers, barkThins and other chocolate candies, said Wednesday that it will be raising U.S. retail prices later this fall. In some cases, pack sizes will get smaller; in others, list prices will rise. The average price increase will be in the low double-digit percentages.
The Hershey Company has confirmed it plans to raise prices across its portfolio, blaming the increase on the rising costs of ingredients, and particularly cocoa. “We’re committed to delivering the treats consumers love while continuing to invest in making our products and experiences even better,
Hershey plans to increase prices on favorites like Reese’s and Kit Kat in response to record-high cocoa costs and ongoing supply challenges
It reflects the reality of rising ingredient costs including the unprecedented cost of cocoa,” a spokesperson said.
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Hershey y fabricantes de chocolate suben precios mientras el cacao sigue cerca de máximos históricos
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