Your Money Minute Hershey Is Raising Prices 8/19/25
Aug 19, 2025
Hershey is set to raise candy prices ahead of Halloween, citing the impact of cocoa tariffs. The company remains optimistic about possible tariff exemptions. Also on the horizon are exciting new product launches, including a unique Reese's Oreo collaboration, aimed at attracting consumers. Sweet innovations are on the way, even as costs climb!
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Hershey Plans Price Increases
- Hershey is raising prices as Halloween approaches, signaling higher candy costs for consumers.
- Jessica Ettinger reports the company expects price increases going forward.
Cocoa Tariffs Driving Cost Pressure
- Hershey's CEO highlights cocoa tariffs as the biggest cost pressure for the company.
- Michelle Buck expresses optimism about a potential cocoa tariff exemption improving costs.
New Products To Offset Price Sensitivity
- Hershey hopes new products like the Reese's Oreo collab will distract customers from price increases.
- Jessica Ettinger notes the company wants products so appealing consumers won't focus on spending.