Overview
- Sheetz confirmed the increases will take effect at all locations on Sept. 17.
- Store notices cite a 26% rise on certain king-size and regular Hershey bars, including Reese's, Hershey's, Kit-Kat and PayDay.
- The change applies only to Hershey-branded items, with no impact on other products.
- Hershey told retailers in July to expect price hikes described as low double digits.
- Company statements and reporting tie the move to soaring cocoa costs linked to weather and crop disease in Ghana and Ivory Coast, with FactSet showing futures jumped 178% in 2024 after a 61% rise in 2023.