Hershey's (Timothy Fadek/Bloomberg via Getty Images)
Although Americans are still trying to beat the heat due to the scorching summer temperatures, the fall season is just around the corner and unfortunately Hershey’s just made an announcement sure to put a damper on Halloween. According to recent reports, Hershey’s just confirmed that due to “capacity constraints” it will not be able to meet its usual Halloween candy demand—meaning all your chocolate faves will be in limited supply this year.
@CBSNews reports, during a recent company-wide call to deliver a warning regarding its second-quarter earnings, Heshey’s CEO Michele Buck delivered some bad news that will definitely change this year’s Halloween celebrations. Buck revealed that although customer demand remains high during the popular Halloween season, unforeseen “constraints” have changed its usual candy output this year. “We will not be able to fully meet consumer demand due to capacity constraints,” she said.
Continuing to explain the current Hershey’s predicament, Buck added “[We] have a strategy of prioritizing every day on-shelf availability. It was a tough decision to balance that with the seasons, but we thought that was really important.” In case you need a quick reminder, that means candy classics such as Reese’s Peanut Butter Cups, Hershey’s Kisses, Kit Kat, Mr. Goodbar, Almond Joy, Milk Duds and more, won’t be as easily accessible this Halloween compared to previous years.
The news for Hershey’s didn’t appear to be any better when Buck further stated that the capacity constraints were not the only problem, as supply-chain issues are also one of the contributing factors. “I think generally we continue to see struggles across the supply chain. [W]e’re now starting to see bigger concerns relative to scarcity of ingredients needing to leverage different suppliers at higher cost and price points in order to secure production,” she stated.
However, all is not lost, as there are still endless amounts of chocolate brands to choose from to satisfy your sweet tooth as Halloween 2022 begins. Recent data also revealed that the pandemic was highly beneficial to the candy industry, with chocolate candy sales soaring to a record high of $36.9 billion in 2021, based on findings from the National Confectioners Association.
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