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Hershey falls after co warns of customer spending pressures ahead of Halloween

By Reuters News12:51 (UTC), 29 October 2026 Updated

** Shares of chocolate maker Hershey HSY.N down ~2% at $161.13 premarket

** Co expects Halloween participation to be in line with 2025; CEO warns that financial pressures on consumers could shape final purchase decisions

** Co lowers annual organic net sales growth target to about 3%, but raises annual profit forecast after receiving a boost in earnings from tariff refunds in Q3

** Reports Q3 net sales of $3.28 billion vs estimates of $3.25 billion - data compiled by LSEG

** Posts adjusted EPS of $2.64 vs estimates of $2.11

** Up to last close, HSY down about 10% YTD

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