Hershey CEO Says About 35% of Seasonal Sales Come in Halloween’s Final Week
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Hershey executives said the U.S. convenience-store candy category was down 5% in September and remained weak into October, while CEO Kirk Tanner said about 35% of the company’s seasonal sales come in Halloween’s final week. CEO Kirk Tanner made the comments on the company’s Oct. 29 earnings call. “Now we need consumers to show up. We need them, the last few days are really critical,” he said. CFO Dave Hulays said consumers were more cautious about inflation and cited gas prices and interest rates as strains on households.
Source: TokenPost
