This year’s Halloween celebrations may be a little bit less sweet.
Candy maker Hershey announced during an earnings call on Thursday that it would not be able to meet the demand for Halloween candy this autumn, CNN reported. The shortage is due in part to a surge in demand since the start of the pandemic and supply chain issues that have affected various industries.
While the company saw net sales growth of 19.3% this quarter compared to 2021, according to a press release, it uses the same manufacturing lines for regular and seasonal products, meaning it can only focus on speeding up production for one or the other.
“We have a strategy of prioritizing everyday on-shelf availability,” said CEO Michele Buck, according to CBS News. “It was a tough decision to balance that with the seasons, but we thought that was really important.”
Supply chain issues have also made it more difficult to source ingredients, according to the CBS report, and suppliers have upped prices.
According to the National Confectioners Association, sales of chocolate and candy hit an all-time high in 2021, hitting $36.9 billion in retail sales.
In addition to the classic Hershey bar and Hershey Kiss, the brand also manufactures popular candies such as Kit Kats, Reese’s Peanut Butter Cups, Almond Joy, Milk Duds, Jolly Rancher, Rolo and Twizzlers that can usually be counted on to fill children’s treat bags in October. Instead, competitors like Mars Wrigley, which makes Snickers, M&Ms, Twix, Skittles and Milky Way, or Nestle, which produces Butterfinger, Crunch, 100 Grand and Baby Ruth, can be expected to step up to the plate.
©2022 Advance Local Media LLC. Visit masslive.com. Distributed by Tribune Content Agency, LLC
This content is published through a licensing agreement with Acquire Media using its NewsEdge technology.