Hershey (HSY) Stock Climbs On Plan To Cut Synthetic Dyes

Group 1 - Hershey Co will eliminate synthetic dyes from its products by the end of 2027, aligning with other major food industry players [1][3] - The decision is a response to a "patchwork of state regulations" that create confusion and potential cost increases for consumers, aiming to streamline its product portfolio and maintain consumer trust [2] - This industry-wide shift follows increased scrutiny on food additives, driven by efforts from Health and Human Services Secretary Robert F. Kennedy Jr. [3] Group 2 - Competitors such as Kraft Heinz Co and General Mills Inc have also pledged to remove synthetic dyes from their products, indicating a broader trend in the food industry [4]