Subject: Re: HSY getting hammered
I think a major fear is that the GLP-1 drugs will slow down consumer snacking. That is hard for me to believe, but I will wait for a solid bottom before buying.
I would love to hear a quantitative analysis of how GLP-1 drugs could be a threat to the likes of Hershey, Coca-Cola, Pepsi, etc. But like you, I am skeptical - it is very hard for me to believe this will be an issue for any significant volume of sales.
dtb