Hershey Co. warns of an upcoming Halloween horror, announcing on Thursday that it would fall short of meeting demand for this year's trick-or-treat and Christmas holiday seasons.
Like many manufacturers, Hershey has been hit by supply chain issues and the war in Ukraine, making ingredients like cocoa, edible oil and other food ingredients hard to find.
"Seasonal consumer engagement is expected to remain high, and we expect high single digit sales growth for both our Halloween and holiday seasons," said CEO Michele Buck in the company’s second-quarter earnings call this week. "Despite this strong growth, we will not be able to fully meet consumer demand due to capacity constraints."
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