Summary : • Hershey CEO Michelle Buck said there will likely be a shortage of Halloween candy this year.
• “We will not be able to fully meet consumer demand due to capacity constraints,” Buck said.
Hershey CEO Michelle Buck told investors on Thursday that the company will “not be able to fully meet consumer demand due to capacity constraints” heading into the Halloween and winter holidays.
Hershey’s scale-back comes as supply chain issues have worsened in recent months, driven by growing labor constraints and ingredient sourcing challenges, as well as international business stressors like Russia’s invasion of Ukraine, Buck said.
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