Story perspectives

Hershey Sales Surge 10% on GLP-1 Snack Demand

5/2/2026

Summary

Hershey Reports Surge

Hershey Co. CEO Kirk Tanner said Ice Breakers gum sales rose 8% in the quarter ending April 30, 2026.
The company also reported a 17% increase in protein-bar sales during the same period.
Hershey linked the gains to a “functional snacking tailwind” from users of GLP-1 drugs such as Ozempic, which can cause dry mouth.
Quarterly revenue grew over 10%.
The share price fell more than 2% in morning trading.

Summary

Hershey Expands

Hershey’s CEO Kirk Tanner said functional-snacking will guide product-innovation, expanding beyond candy into mints, gum and “no-seed-oil” popcorn.
The 2025 LesserEvil acquisition lifted North America salty-snack volume by 20 percentage points, contributing to a 5% sales increase.
Higher gasoline prices and recent food-stamp changes are curbing lower-income sugary-snack purchases, nudging healthier choices, while Hershey reaffirmed its full-year targets and reported $3.10 billion net sales, beating the $3.03 billion LSEG estimate.

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Hershey Reports Surge

Hershey Co. CEO Kirk Tanner said Ice Breakers gum sales rose 8% in the quarter ending April 30, 2026.
The company also reported a 17% increase in protein-bar sales during the same period.
Hershey linked the gains to a “functional snacking tailwind” from users of GLP-1 drugs such as Ozempic, which can cause dry mouth.
Quarterly revenue grew over 10%.
The share price fell more than 2% in morning trading.

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