The Hershey Co., Hershey, PA, announced, on July 15, an increase in wholesale prices across the majority of its U.S., Puerto Rico and export portfolio.
A weighted average price increase of approximately 8% across the company’s instant consumable, multipack, packaged candy and grocery lines became effective July 15. The changes will help offset part of the significant increases in Hershey’s input costs, including raw materials, packaging, fuel, utilities and transportation, which the company expects to incur in the future.