Giddy trick-or-treaters may find an American classic absent from their pumpkin pails this year.
Hershey reported that it would not be able to meet consumer demand for Halloween this year. Michele Buck, CEO of the Pennsylvania-based chocolate and sweets manufacturer, said the company faced “capacity constraints” on a quarterly earnings call with investors Thursday.
“Given many of our everyday and seasonal products are made on the same line, we have needed to balance production over the past several months to improve everyday on-shelf availability and build seasonal inventory at the same time” Buck said on Thursday’s call.
Hershey leadership told investors that the company was feeling the impacts of inflation, supply chain issues and shifting consumer behavior, despite reporting double-digit sales growth.
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Buck said Hershey prioritizes “everyday on shelf availability,” and had to make a “tough” decision in the spring, when Halloween candy production begins.
The Russian invasion of Ukraine is making certain ingredients scarce, Buck said, and European sanctions on Russian natural gas strained Hershey’s equipment suppliers in countries like Germany.
But the company indicated that it expected its seasonal capacity to improve in 2023.
USA TODAY reached out to Hershey to inquire about which Hershey products would be most impacted, and by how much it expected to fall short of consumer demand.