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Stock impact report

Hershey offers concession to Reese's family member with ingredient changes [Yahoo! Finance]

The Hershey Company (HSY) 
Last the hershey company earnings: 4/23 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The chocolate giant came under fire in February from Brad Reese, grandson of Reese's founder H.B. Reese, for allegedly changing its iconic Reese's products to use cheaper ingredients. And now they plan to respond, though without crediting outsider Reese for shaking the company out of its big, profit-minded ways. "We're enhancing our KitKat recipe to deliver a creamier chocolate, transitioning our sweets portfolio to colors from natural sources and ensuring that all Hershey's and Reese's offerings are consistent with their brands, classic milk and dark chocolate recipes," Hershey chief growth and marketing officer Stacy Taffet said at a New York City investor day on Tuesday. The mention of being "consistent with their brands, classic milk and dark chocolate recipes" is Hershey's way of acknowledging Reese's concerns — without mentioning him once during the full day investor day. Bloomberg reported the company will swap out a chocolate compound coating in Reese's and Hershey's prod Show less Read more
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