Anticipation Is Reshaping America's Halloween Season
Rhea-AI Summary
Hershey (NYSE: HSY) released its 2026 “Unwrapping Halloween: State of the Season” report with Morning Consult, showing that Halloween has become a months‑long series of occasions driven by anticipation, self‑expression and community. According to Hershey, 55% of parents are in “Halloween mode” before October, 67% have already purchased Halloween candy during summer, and 53% of Gen Z are familiar with “Summerween,” an early, playful extension of the season.
The research highlights growing participation trends such as trunk‑or‑treating, now embraced by 20% of Halloween participants, and strong enthusiasm for candy, with 71% of Halloween enthusiasts highly excited about Halloween candy. Three Hershey brands rank among the Top 5 Halloween candies, with Reese’s cited as America’s No. 1 Halloween candy at 39%. Hershey links these behaviors to “Treatonomics,” where consumers prioritize smaller joyful experiences, and says it is tailoring products, pack sizes and assortments across candy and salty snacks to fit evolving celebrations from Summerween through Halloween night.
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News Explained
Hershey says it will produce 26 million Reese’s Pumpkins during the season, adding a concrete product-volume commitment to its plan to tailor products, packaging and assortments for the extended Halloween period.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 09 | Conference call scheduling | Neutral | -1.6% | Second-quarter results webcast scheduled for July 30 at 8:30 a.m. ET |
| Jul 08 | Product launch | Positive | -0.9% | REESE'S PIECES with Chocolate Cookie introduced for nationwide distribution |
| Jun 29 | Summer promotion | Positive | +1.4% | Pirate's Booty summer activity program launched through branded consumer promotion |
| Jun 24 | Leadership appointment | Positive | +2.1% | Heather Hoytink appointed President, U.S., effective July 8, 2026 |
| Jun 18 | Product launch | Positive | -1.5% | ONE x Reese's protein bar launched with 18g of protein and 2g of sugar |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent selected news reactions were mixed, with three events diverging from the announcement sentiment and two aligning.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New Consumer Insights from
Here's a breakdown of the top trends this Halloween season based on The Hershey Company's (NYSE: HSY) newly commissioned consumer insights report from Morning Consult.
The New Halloween Calendar Starts with Anticipation

Summerween is one early signal of the larger behavioral shift around Halloween anticipation, the growing consumer behavior of engaging with Halloween months before October. It represents a lighter, more spontaneous "treat for me" expression of the season and extends consumers' excitement through purchases, traditions, decorations, and celebrations.
The findings show:
55% of parents say they're in "Halloween mode" before October begins.67% of parents have already purchased Halloween candy this summer.53% of Gen Z consumers are familiar with the term "Summerween."41% of parents expect to be more involved in Halloween celebrations this year.
"As Halloween continues to evolve, it's become one of the longest and most anticipated seasons of the year," said Stacy Taffet, Chief Marketing and Growth Officer, The Hershey Company. "Consumers are creating rituals that blend tradition, self-expression, and community. We're meeting consumers where they are with the snacks and experiences that help make these moments memorable all Halloween season."
Summerween Extends the Season While Halloween Remains the Main Event

Consumers aren't embracing Halloween simply because products appear on shelves earlier.
Summerween is helping open the season, especially among younger consumers where
Halloween continues to be rooted in tradition, community participation, seasonal rituals, and established family traditions. Trunk-or-treating, now embraced by
Together, the two moments are creating a longer runway for celebration and making Halloween one of America's most expansive seasonal moments.
"As Halloween expands beyond October, we're seeing consumers create new ways to celebrate," said Katie DeCapria, Head of Hersheyween, The Hershey Company. "From Summerween with friends, stocking up for family movie nights or preparing for trick-or-treating, we've designed our seasonal portfolio with the right mix of products, pack sizes, and seasonal offerings to meet those moments. As the season evolves, our portfolio evolves alongside it."
The Ideal Halloween Neighborhood is Built Around Community – And Great Candy

If Summerween marks the start of Halloween anticipation, neighborhood celebrations remain the season's emotional payoff. The report found that Americans overwhelmingly associate the best Halloween neighborhoods with participation, generosity, and community spirit – showing that the season ultimately culminates in shared traditions.
According to the report:
41% of consumers say the perfect Halloween block is one where everyone participates.39% point to streets filled with trick-or-treaters.- Gen Z prefers full-size candy bars at four times the rate of Baby Boomers (
36% vs.9% ). 71% of Halloween enthusiasts are highly excited about Halloween candy.- Three
Hershey brands rank among the Top 5 Halloween candies. - Reese's is America's No. 1 Halloween candy (
39% ).

Treatonomics is Creating Moments of Joy

The findings point to a shift where consumers prioritize joy, opting for a memorable season full of creativity. Parents cite fun traditions (
Candy remains central to Halloween because of the role it plays in creating shared experiences.
Research Methodology
The Hershey Company partnered with Morning Consult to conduct an online survey among 3,026
To learn more about the findings and explore how consumers are transforming Halloween into a season filled with unique celebrations, visit https://www.thehersheycompany.com/en_us/home/hersheyween.html.
FAQs
What is Hersheyween?
From Summerween to Halloween night, we know the trends, treats and tales that shape the season. We call it Hersheyween because no one knows Halloween like
What is Summerween?
A summer celebration inspired by Halloween that emphasizes self-expression, novelty, treats, and seasonal fun.
What is Halloween anticipation?
The growing consumer behavior of engaging with Halloween months before October through seasonal purchases, traditions, decorations, and celebrations.
What is Treatonomics?
A consumer trend in which people prioritize affordable experiences that create happiness, connection, and anticipation.
How are people celebrating Halloween? What's changing?
Research from The Hershey Company and Morning Consult found that Halloween has evolved into a season of celebration that spans a third of the year. Nearly two-thirds of parents have already purchased Halloween candy during the summer months, and half are in "Halloween mode" before October begins.
Why are people celebrating Halloween earlier?
The Hershey Company's research found that consumers are motivated by the moments that make Halloween uniquely special. Parents cite fun traditions (
Are parents changing how they celebrate Halloween?
Halloween is becoming a bigger part of families' seasonal traditions, with parents being the participation engine who reinforce traditions and expand holiday celebrations. According to The Hershey Company's research,
How is The Hershey Company responding to changing Halloween celebrations?
What role does candy play in Halloween celebrations?
The Hershey Company and Morning Consult research found that candy remains one of the most anticipated parts of Halloween. Seventy-one percent of Halloween enthusiasts say they are highly excited about Halloween candy, and nearly half of parents (
What is the top Halloween candy?
Reese's ranks as America's No. 1 Halloween candy1 according to Circana, the No. 1 chocolate brand of the season and the most-preferred Halloween candy, with three Hershey brands ranking among consumers' Top 5 Halloween favorites (Reese's, KIT KAT® and
What are the top snacks for Halloween?
In addition to fan-favorite candies, consumers are increasingly looking for salty snacks like Pirate's Booty and LesserEvil that provide a sweet-and-salty combination to their celebrations, such as during trunk-or-treating and other non-candy occasions.
Pricing is at the sole discretion of the retailer.
1 Reese's was the top-selling Halloween candy brand during the 10-week period ending 11/2/25, according to Circana (Total US MULO + Convenience)
About The Hershey Company
The Hershey Company is an industry-leading snacks company with a purpose to make more moments of goodness and a vision to lead next generation snacking.
For more than 130 years,
To learn more visit www.thehersheycompany.com
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About Morning Consult
Morning Consult is a global decision intelligence company changing how modern leaders make smarter, faster, better decisions. The company pairs its proprietary high-frequency data with applied artificial intelligence to better inform decisions on what people think and how they will act. Learn more at morningconsult.com.
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SOURCE The Hershey Company