Nestle may drop candy business making classics like Butterfinger

SAN FRANCISCO, CA - FEBRUARY 18: Nestle Butterfinger and Baby Ruth candy bars are displayed on a shelf at a convenience store on February 18, 2015 in San Francisco, California. Nestle USA announced plans to remove all artificial flavors and FDA-certified colors from its entire line of chocolate candy products, including the popular Butterfinger and Baby Ruth candy bars, by the end of 2015. (Photo by Justin Sullivan/Getty Images)

NEW YORK – Nestle may sell its U.S. candy business, which makes classics like the Butterfinger candy bar, Raisinets and Nerds.

The Swiss company said Thursday that it will wrap up a review of strategic options for the business by the end of this year. Nestle says the review doesn’t affect its Toll House baking products in the U.S. or Kit Kat overseas.

In the United States, Kit Kat is licensed to Hershey and is not part of Nestle’s portfolio.

The global food giant says its candy unit represents about 3 percent of its U.S. sales. Nestle also makes Purina pet food, bottled water, Stouffer’s and Gerber baby foods.