Chocolate is having a moment | CNN Business

  • 📰 CNN
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 95%

Business News News

Business Business Latest News,Business Business Headlines

Chocolate makers are reporting booming sales — thanks in part to demand from stressed out consumers.

Chocolate makers are reporting booming sales as stressed out customers reach for something sweet to take the edge off. In the third quarter, sales of Hershey’s\n \n chocolates, which include Reese’s, Kit Kat and Hershey bars, jumped 12.6% in retail. Mondelez\n \n , the global snack brand that makes Toblerone, Cadbury and others, said its chocolate sales grew 9.3% in the quarter. Chocolate, like many comfort foods, got a boost during the pandemic.

“We see consumers saying that chocolate is really something they cannot live without.” Hershey raised its net sales and earnings outlook for the year on November 4th, when it reported third-quarter results that exceeded its expectations. “Our products remain an affordable treat for families and for consumers,” said Hershey CEO Michele Buck during an analyst call. “We know that part of that is they want to reward themselves when times are tough. They also use these products to relieve stress.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

It's called obesity

Cnn needs to report on FTX

Ha! Interesting cause the first thing I when I got home was eat chocolate 🍫

It's cannabis infused. 😉💚🌿

We all been fuck

Plus the weather is finally cool enough that you can order chocolate online and have it arrive solid vs runny. Yes, I live in AZ.

Why is it that almost every thing can be taken and made money off of others suffering

Meist Frauen , oder ?

😋 🍫

Stressed consumers = booming chocolate sales. Another man's hardship is another man's treasure The world we live in

Chocolate subscription. $8/mo. I should buy GODIVA

Thanks Obama

(in my best zombie voice) Hershey! Must have Hershey!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Biden's stock market record so far is the second worst since Jimmy Carter | CNN BusinessEntering Monday, the S&P 500 advanced just 13.2% since President Biden took office. That marks the second-worst performance during a president’s first 1,022 calendar days in office since former President Jimmy Carter, according to CFRA Research. Does CNN have a new agenda? Changing hosts and shows and now posts like this on election day KeithOlbermann He hasn't even been in office for 1,022 days. There are only 365 days in a year. He was sworn into office on January 20th, 2021, so it hasn't even been 2 years yet, which would only be 730 days. During a global pandemic
Source: CNN - 🏆 4. / 95 Read more »

Iran accused of plotting to kill two journalists in UK | CNN BusinessTwo British-Iranian journalists working in the United Kingdom have been warned by police of a “credible” plot by Iran to kill them, according to their employer, London-based news channel Iran International. Nonsense. Yall with this fear mongering foolishness on the world should come to an end Iran exported suicide drones to Russia and receives in return training on how to kill an enemy in a foreign country from Russia.
Source: cnni - 🏆 326. / 59 Read more »

Election Day deals: Donuts, pizza and cheap rides | CNN BusinessIt’s Election Day in America, and some companies are offering deals and freebies to mark the occasion, while others are giving employees time off to vote. Just Imagine this nightmare… please share and be voice of iran
Source: CNN - 🏆 4. / 95 Read more »