"Ozempic Breath" Is Boosting Hershey's Sales of Mints and Gum
- Hershey reported first-quarter earnings that beat Bloomberg-tracked analyst expectations, with quarterly revenue climbing more than 10% driven by higher candy prices and a 17% jump in protein bar sales.
- CEO Kirk Tanner attributed rising demand for gum and mints to "functional snacking" tailwinds tied to GLP-1 adoption, noting that retail sales for Ice Breakers increased over 8% in the quarter.
- Dental experts link medications like Ozempic, Wegovy, and Mounjaro to dry mouth, potentially explaining mint demand, while Tanner stated the confection category remains "relatively insulated" compared to other food sectors.
- Competitors including And The Magnum Ice Cream Company and Lindt report similar sales lifts among GLP-1 users, with CEO Peter ter Kulve describing a "premium treat substitution effect" where consumers prioritize higher-quality snacks.
- Despite the positive earnings report, Hershey shares fell more than 2% in morning trading as investors reacted cautiously to the company's financial outlook.
16 Articles
16 Articles
Hershey's CEO Claims Ozempic Breath is Driving Massive Surge in Mint and Gum Sales Across the United States
Hershey's chief executive has credited the spread of Ozempic and other weight-loss drugs for an 8% jump in sales of the company's Ice Breakers mints and gum, pointing to a side effect of the medication that the broader industry had not foreseen as a revenue driver. Speaking on Hershey's pre-recorded Q1 2026 earnings call on 30 April 2026, CEO Kirk Tanner said the company was seeing 'strong demand' for breath-freshening products he attributed dir…
The increase in the use of weight-loss medications such as Ozempic and Wegovy is leading to higher sales of small sweets at candy giant Hershey. Hershey CEO Kirk Tanner stated this yesterday during the presentation of the quarterly figures. For some users, the medications cause bad breath, which they try to mask by consuming mints.
Hershey CEO Says GLP-1 Boom Fuels Demand For Gum And Mints
Hershey CEO Says GLP-1 Boom Fuels Demand For Gum And Mints Hershey reported first-quarter sales and earnings that exceeded Bloomberg-tracked analyst expectations, driven by higher candy prices and resilient consumer demand. Beyond the earnings report, CEO Kirk Tanner made one very notable comment in prepared remarks: demand for gum and mints remains strong, with the category benefiting from "functional snacking" tailwinds tied to GLP-1 adoption.…
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