SELECT LANGUAGE BELOW

Hershey Plans to Eliminate Artificial Dyes by the End of 2027

Hershey Plans to Eliminate Artificial Dyes by the End of 2027

Hershey Company to Eliminate Artificial Dyes by 2027 The Hershey Company has announced that it will completely remove artificial food dyes from its products by the end of 2027. This decision comes amidst new state regulations on food dyes that complicate production for many companies. Based in Pennsylvania, Hershey, known for its popular items like […]

Hershey cuts yearly guidance, profit after 17% drop in sales

Hershey’s on Thursday reported a 17% drop in second-quarter sales and sharply cut its full-year profit and sales outlook. Shares plunged 4.5% early Thursday morning but have since risen 5%. The Pennsylvania-based candy company, which has a market capitalization of $38.83 billion, like many in the food and snack industry, has been struggling as consumers […]

Hershey announces job cuts after high cocoa costs hurt candy sales

Hershey announced layoffs Thursday, reporting a hit to its quarterly profit as soaring cocoa prices and inflation-weary shoppers refrained from buying the company’s expensive chocolate and candy. The Pennsylvania-based company announced it will cut 5% of its workforce, resulting in up to $60 million in severance pay. It was not immediately clear how many jobs […]