Hershey Co. said it gained ground in the U.S. candy market as retail sales of its chocolate brands jumped nearly 10% in its latest quarter.
The owner of Reese’s and KitKat has been under pressure throughout the coronavirus pandemic as social distancing has resulted in fewer parties and convenience-store trips, where people usually buy candy and snacks. But people ventured out more in recent months as evidenced by rising convenience-store sales, according to market-research firm IRI.
“Our…
This post first appeared on wsj.com
