Hershey Raises Chocolate Prices by Double Digits Over Record Cocoa Costs
CONFIRMED84% CONFIDENCEStated as firm, per TODAY[4] (24 July 2025): "Hershey announced in a statement on July 22 that it will be raising the price of its candy", having "informed its retail customers a week earlier"; Food Dive[1] (23 July) quotes the same statement.
Hershey told retailers it would raise prices on many chocolate products by a low double-digit percentage, blaming the unprecedented cost of cocoa rather than tariffs. Halloween packs were spared, and it said 75% of its candy would still cost under $4.