Hershey's net sales increased 12.1% to $2.98bn thanks to price and volume gains across both confectionery and salty snack segments, driven heavily by consumer demand and media investments.
More than 450 exhibitors and 8,000 attendees traveled to the Sweets & Snacks Expo in Indianapolis last week for one of the first in-person food and beverage tradeshows since the coronavirus outbreak in early 2020 to showcase two years of product innovations...
Butterfinger maker Nestlé refuses to speculate if it will offload its challenged US confectionery business, but says it is “no stranger” to portfolio trimming.