Reese's family member escalates battle with Hershey over chocolate ingredients, blasts 'PR stunt' [FOX News]
The Hershey Company (HSY)
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Source: FOX News
The grandson of the Reese's candy founder continues to blast Hershey after the company said it will return some products to classic recipes by 2027 — as he argues the fix isn't coming fast enough. Brad Reese, grandson of founder H.B. Reese, has criticized The Hershey Company in recent months for allegedly switching real milk chocolate for cheaper ingredients. In a recent interview with NewsNation this month, Reese accused the Pennsylvania-based candy giant of swapping out "milk chocolate for compound coating." Compound coating is a cheaper, chocolate-like product that does not contain cocoa butter — a key requirement for real chocolate. Instead, it uses vegetable fats. "If it doesn't say milk chocolate, then it doesn't have cocoa butter — and they're using vegetable oils, and they quietly swapped that out," Reese said in the interview. His criticism appears to focus on certain seasonal or specialty items, specifically Reese's Unwrapped Chocolate Peanut Butter Crème Mini Hea
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News
- Hershey (HSY) had its price target lowered by JPMorgan Chase & Co. from $230.00 to $211.00. They now have a "neutral" rating on the stock.MarketBeat
- Debate over Reese's ingredients leads to planned recipe changes from Hershey [Yahoo! Finance]Yahoo! Finance
- Hershey price target raised ahead of Q1 earnings on recovery optimism [Yahoo! Finance]Yahoo! Finance
- How Hershey tasted sweet success and became an iconic American brand [USA TODAY]USA TODAY
- Hershey (HSY) was given a new $225.00 price target by Barclays PLC.MarketBeat
HSY
Earnings
- 2/5/26 - Beat
HSY
Sec Filings
- 4/20/26 - Form 4
- 4/20/26 - Form 144
- 4/16/26 - Form 4
- HSY's page on the SEC website