Bad news for Halloween fans -- it may get a little scarier in the candy aisle. 😨
Hershey announced Friday that they are unable to meet consumer demand for this year, the company told CNN Business.
In their recent second-quarter results report released on Friday, sales in the double digits have spiked compared to last year. This has led to more consumers buying regular and Halloween-themed candy that’s higher than what Hershey can make. “We had a strategy of prioritizing everyday on-shelf availability,” Hershey CEO Michele Buck told CNN, “That was a choice that we needed to make. It was a tough decision.”
The company is blaming ongoing supply chain issues, scarce and costly ingredients, and the war in Ukraine, according to CNN.A graduate of the University of Houston-Downtown, Ana moved to H-Town from sunny southern California in 2015. In 2020, she joined the KPRC 2 digital team as an intern. Ana is a self-proclaimed coffee connoisseur, a catmom of 2, and an aquarium enthusiast. In her spare time, she's an avid video gamer and loves to travel.
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