Keeping It Sweet

Convenience retailers can rely on the candy category to consistently deliver profits.

Keeping It Sweet

October 2023   minute read

By: Sara Counihan

The candy category continues to be a sweet bet for convenience retailers. Candy posted a 51.84% gross margin last year, which was an increase of 1.27 points over 2021, according to the NACS State of the Industry (SOI) Report of 2022 Data. Gross profit was up 18.0% in 2022 over the prior year, and the category represented $4,103 in gross profit per store, per month and accounted for 5.00% of total inside gross margin.
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Sara Counihan

Sara Counihan

Sara Counihan is contributing editor of NACS Magazine and NACS Daily. She can be reached at scounihan@ convenience.org.

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