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Hershey raises prices on candy bars, Halloween candy is next | MarketWatch

The Hershey Co. is raising prices on its candy bars, and says Halloween candy is next on the list.

The previously announced price hikes, which affect a wide variety of merchandise, are expected to impact about 20% of Hershey HSY, -1.20%   portfolio.

“The price increase we announced last summer remains on track, and the final portion is implementing now as we execute our Halloween program,” said Michelle Buck, Hershey chief executive, on the second-quarter earnings call, according to a FactSet transcript.

Last week, the price hikes began for Hershey bars and other “instant consumables” that are typically found at the front of a retail store. Higher prices are expected to go into effect during the second half of this year.

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Hershey raises prices on candy bars, Halloween candy is next – MarketWatch.

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