Hershey Shares Fall 4% Premarket After Consumer Pressure Warning
Hershey warned of consumer pressure during Halloween; its shares were last down 4% premarket.
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12:38:47 PM UTC
SquawkNews
Hershey NYSE:HSY on Thursday warned that increased pressure on shoppers due to higher gas prices, inflation and interest rates could impact how much consumers spend on candy this Halloween.The company's shares fell 4% in premarket trading after it narrowed its annual organic net sales growth target…