BNET Industries
Hershey Co. (HSY) is in the Food Industry
- Revenue
- Dec 31 2007
- $4.9B
- Profit
- Dec 31 2007
- $214.1M
- Market Cap
- Oct 09 2008
- $5.7B
Latest News and Analysis
The Hershey Company Has Never Purchased Milk from China
All Hershey Products are Safe to Consume HERSHEY, Pa., Sept. 29 /PRNewswire-FirstCall/ -- The Hershey Company today issued a statement related to milk purchased from China: Consumer safety and product quality are Hershey's top priorities. The Hershey Company has never purchased milk ingredients, including...
Penn State players charged with marijuana possession
Preseason All-America defensive end Maurice Evans and defensive tackle Abe Koroma, both of whom started for Penn State in the season opener against Coastal Carolina, were formally charged yesterday with possession of a "small amount" of marijuana stemming from a Sept. 2 incident at the apartment they share with two...
Hershey hikes prices, blames commodities
LOS ANGELES -- Hershey Co. has said that it will raise prices of its U.S. goods by about 10 percent, due to surging costs of commodity foods. The news comes as the company continues to fall short of quarterly projections. "Consumers are likely to see higher everyday and...
Give back while you get fit: support a charity this fall by walking, biking, or running in one of these events
NATIONWIDE HERSHEY'S TOUR DE PINK (October 6; hersheys.com/Pledge) support the Young Survival Coalition on this virtual bike ride you accumulate miles on your own and log them online. Cyclists must collect donations and pedal 220 miles by October 6. Stationary biking counts! PORTLAND RUN FOR THE...
Hershey names VP
HERSHEY NAMES VP: Hershey Co. has appointed Kirk Saville vice president of corporate communications. Previously, Saville served as senior director of corporate communications. In his new post he leads the company's internal and external communications...
Dark chocolate shown to be good for heart
NEW YORK -- Two recent studies of dark chocolate have concluded that the confection can benefit heart health. According to a study done by the Yale-Griffin Prevention Research Center, consumption of dark chocolate and cocoa-containing beverages can positively affect vascular health. The study, which used Hershey's...
Mars says it is raising wholesale candy prices
HARRISBURG, Pa. AP -- The maker of Snickers bars and M&Ms candies said it is raising wholesale prices on various items to offset the higher costs of raw materials, packaging and energy, the second major candy company in the past week to announce such a move. The...
BellwetherReport.com Analyst Report on POT, GG, HSY and FMD
BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...
Pennsylvania Veterinary Medical Association Launches Vet Shortage Initiative
HERSHEY, Pa., Aug. 18 /PRNewswire/ -- The Pennsylvania Veterinary Medical Association PVMA has launched "Project Pennsylvania," a legislative and educational initiative designed to combat the growing shortage of veterinarians in certain geographic regions and practice areas in the Commonwealth. The initiative would increase the number of veterinary...
ONN Sidewinder Video Report: Citigroup Reiterates Mosaic as Buy
The Monday, August 18, 2008 Sidewinder Video Report CHICAGO -- The Sidewinder Report, the www.onn.tv daily options news program recorded live on the floor of the Chicago Board Options Exchange, today examined options trading in the following securities: Valero Energy Corp VLO PNC Financial...
Hershey Announces Price Increase and Updates Outlook for 2008 and 2009
HERSHEY, Pa., Aug. 15 /PRNewswire-FirstCall/ -- The Hershey Company today announced an increase in wholesale prices across its U.S., Puerto Rico and export chocolate and sugar confectionery lines. A weighted average 11 percent increase on the Company's instant consumable, multi-pack and packaged candy lines is effective...
Pledge of no advertising to children
IRVINE, CALIFORNIA: Nestle has become the 14th company to join the Children's Food & Beverage Advertising Initiative, which was formed in 2006 and aims to help tackle childhood obesity. Of the 14 members, four companies have pledged to not advertise their products to children and nine have pledged to advertise...
Hershey Declares Quarterly Dividends
HERSHEY, Pa., Aug. 5 /PRNewswire-FirstCall/ -- The Board of Directors of The Hershey Company today declared quarterly dividends of $0.2975 on the Common Stock and $0.2678 on the Class B Common Stock. The dividends are payable September 15, 2008, to stockholders of record August 25, 2008. It is...
Research and Markets: In April 2007, Hershey Entered Into a Joint Venture Agreement With Godrej Beverages and Foods
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/77c33d/premium_company_pr) has announced the addition of the "Premium Company Profile: The Hershey Company" company profile to their offering. Introduction The Hershey Company seeks to achieve growth and long-term value creation in its activities by creating competitive advantages based on differentiated...
Pennsylvania American Water Acquires Water and Wastewater Systems in Southwest Pennsylvania
Transaction marks company's first wastewater operation in western PA HERSHEY, Pa., July 31 /PRNewswire/ -- American Water announced today that its subsidiary, Pennsylvania American Water, acquired the assets of the Claysville-Donegal Joint Municipal Authority CDJMA water and wastewater systems located in Claysville Borough and portions of Donegal...
New Research Study Links Dark Chocolate to Vascular Health Benefits
Yale-Griffin Findings Highlight Hershey'[R]s Extra Dark Chocolate, Which Becomes the First Chocolate Bar to Earn Respected Best Life Seal of Approval Research Findings: * Dark chocolate has a positive impact on blood pressure and blood vessel function. * Consuming Hershey's Extra Dark Chocolate (75g)...
Hershey Announces Second Quarter Results
- Net Sales increase 5.1% - Earnings per share-diluted from operations $0.29 - Outlook reaffirmed for 2008, growth in net sales 3-4%, with earnings per share-diluted from operations expected to be in the $1.85 to $1.90 range HERSHEY, Pa., July 23 /PRNewswire-FirstCall/ --...
Seven Summits Research Releases Comments on CVX, CAL, TGT, HSY, and RSH
CHICAGO, July 23 /PRNewswire/ -- Seven Summits Research releases NewsBites on key stocks. Seven Summits Strategic Investments NewsBites are available to all investors at: http://www.go7now.com/nb/0723Y (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's Seven...
Hershey extends Young & Smylie line with soft licorice
HERSHEY, Pa. -- Hershey Co. has introduced a premium soft licorice under the Young & Smylie brand, which Hershey acquired in 1977. The new item comes in three slightly sweet flavors, including traditional black licorice, strawberry and peach mango. All are made with natural licorice root extract and...
Pa. insurer-merger hearings focus on competition
PITTSBURGH - When Carrie Schuck's father died 11 years ago, Schuck, now a 21-year-old college senior, couldn't find anyone who could relate to a 10-year-old's sense of loss and instability. "Even my teachers didn't understand," she said, her voice shaking, describing the isolation she felt when her classmates made...
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- Incorporated: 1927
- CEO: Mr. David J. West
Hershey is a North American manufacturer of chocolate and sugar confectionery products. Co.'s product groups include confectionery and snack products; gum and mint refreshment products; and food and beverage enhancers such as baking ingredients, toppings and beverages. Co. also provides a range of products specifically developed to address the nutritional interests of health-conscious consumers. Co.'s five operating segments comprise geographic regions including the U.S., Canada, Mexico, Brazil and other international locations, such as Japan, Korea, the Philippines, India and China. Co. markets its confectionery products in approximately 50 countries worldwide.
Key Competitors
Hershey Co. Company Info
Board of Directors
Mr. Kenneth L. Wolfe
Chairman
Mr. David L. Shedlarz
Mr. Robert F. Cavanaugh
Mr. Charles A. Davis
Mr. Arnold G. Langbo
Mr. James E. Nevels
Mr. Thomas J. Ridge
Mr. Charles B. Strauss
Mr. David J. West
Mr. LeRoy S. Zimmerman
Contact Information
100 Crystal A Drive
Hershey, PA
717 534-4200
NAICS Code
Nonchocolate Confectionery Manufacturing: 311340
