Can Hershey hold on to share gains as capacity constrains bump against increased demand?

“We have gotten off to a tremendous start to the year with reported sales growth of 16% and adjusted EPS growth of almost 32% in Q1”​ thanks in part to resilient consumer demand despite mid- to high-single-digit price increase across the portfolio and a “Strategic focus on enhancing our offerings and price points to ensure … Read more

Rise of gummy delivery format leads Israeli manufacturer to massively increase capacity

A thriving new market for the company The new plant, which will house approximately 120,000 square feet (11,000 m2)2), about 1.5 hours’ drive south of Tel Aviv. The facility will join the company’s existing plant and is expected to be operational in mid-2023. TopGum only entered the gum supplement space in 2019, and has previously … Read more