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Michele Buck

Chairman, President & Chief Executive Officer, Hershey Company (The)

Search every verified Michele Buck interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Michele Buck, Chairman, President, and CEO of Hershey, discussed the company’s outlook during its Q2 2026 earnings call, addressing cocoa price trends and the company’s strategy. She stated that Hershey has good visibility into cocoa deflation for 2027 and expressed confidence in managing commodity volatility through hedging, pricing strategies, and productivity measures. Buck also noted that the company does not expect cocoa prices to remain at current levels long term, citing healthier inventories, more diversified supply, and encouraging West African crop data, while emphasizing a focus on affordability for consumers. Buck also commented on the upcoming Halloween season, saying that Hershey has already begun shipping products and has implemented learnings from the prior year to improve consumer engagement and retailer partnerships. In earlier remarks from the Q4 2024 earnings call, she indicated a path to EPS growth for 2026 even at elevated cocoa prices, with potential for outsized growth if cocoa costs decline. She also addressed the impact of weight-loss drugs on consumption, stating that internal and external studies suggest users do not eat disproportionately less of Hershey’s categories.

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