Hershey said the price hike is related to cost of cocoa, which has increased exponentially in recent years.

Hershey isn’t the only chocolate maker potentially rising prices as Swiss food giant Nestle said on July 24 that its costs could rise in the second half of the year, according to CNBC.

The Hershey Company has confirmed it plans to raise prices across its portfolio, blaming the increase on the rising costs of ingredients — particularly cocoa.

Hershey told its retail partners it is raising prices by a percentage in the “lower double-digit range” over what its chocolate products cost over the past couple years, a company spokesperson ...

Hershey said it will be raising prices on its chocolate candy due to the cost of cocoa and supply issues.

Hershey will soon raise its candy prices, according to multiple outlets, citing a jump in cocoa costs that have provoked the chocolate company to rethink its list prices and the quantities or ...

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The Hershey Company announced double-digit price increases on average for its candy products due to rising cocoa costs, adding the company is in discussions with its retail partners.

Hershey has told retailers it will be taking a double-digit price increase on average across its confection portfolio due to a surge in costs of cocoa, a company spokesperson said Tuesday.

Hershey told its retail partners it is raising prices by a percentage in the “lower double-digit range” over what its chocolate products cost over the past couple years, a company spokesperson ...