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Hershey CEO Says GLP-1 Boom Fuels Demand For Gum And Mints
Hershey CEO Says GLP-1 Boom Fuels Demand For Gum And Mints
Hershey reported first-quarter sales and earnings that exceeded Bloomberg-tracked analyst expectations, driven by higher candy prices and resilient consumer demand.
Beyond the earnings report, CEO Kirk Tanner made one very notable comment in prepared remarks: demand for gum and mints remains strong, with the category benefiting from "functional snacking" tailwinds tied to GLP-1 adoption.
"We've also seen strong demand for gum and mint products as the category benefits from functional snacking tailwinds, including GLP-1 adoption," Tanner said.
GLP-1 drugs suppress appetite and...
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