The Hershey Company is a producer of chocolate and non-chocolate confectionery. The Company's principal confectionery offerings include gum and mint refreshment products; pantry items, such as baking ingredients, toppings and beverages, and snack items, such as spreads, meat snacks, bars, and snack bites and mixes.

TypePublic
HQHershey, US
Founded1909
Size (employees)15,360 (est)-5%
Websitethehersheycompany.com
Hershey was founded in 1909 and is headquartered in Hershey, US
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Key People/Management at Hershey

Michele Buck

Michele Buck

President and Chief Executive Officer
Patricia Little

Patricia Little

Senior Vice President, Chief Financial Officer
Terence Oday

Terence Oday

Senior Vice President, Chief Product Supply and Technology Officer
Steven Schiller

Steven Schiller

President, International
Todd W. Tillemans

Todd W. Tillemans

President, U.S
Kevin Walling

Kevin Walling

SVP, Chief Human Resources Officer
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Hershey Office Locations

Hershey has offices in Singapore, Chicago, Dubai, Hershey and in 3 other locations
Hershey, US (HQ)
100 Crystal A Drive
Chicago, US
822 North Michigan Ave.
New York, US
48th & Broadway
Niagara Falls, CA
5701 Falls Avenue
Shanghai, CN
290 Middle Xi Zang Road, Huangpu District
Singapore, SG
Sentosa Gateway #01-075/076/077
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Hershey Financials and Metrics

Hershey Revenue

Hershey's revenue was reported to be $7.52 b in FY, 2017
USD

Revenue (Q3, 2018)

2.1b

Gross profit (Q3, 2018)

863.5m

Gross profit margin (Q3, 2018), %

41.5%

EBIT (Q3, 2018)

406.3m

Market capitalization (9-Nov-2018)

22.8b

Closing stock price (9-Nov-2018)

108.6

Cash (30-Sep-2018)

823.8m

EV

25.2b
Hershey's current market capitalization is $22.8 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

7.1b7.4b7.4b7.4b7.5b

Revenue growth, %

4%0%1%

Cost of goods sold

3.9b4.1b4.0b4.3b4.1b

Gross profit

3.3b3.3b3.4b3.2b3.4b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2018

Revenue

1.6b2.0b1.8b1.6b2.0b1.9b1.7b2.0b2.0b1.8b2.1b

Cost of goods sold

843.4m1.1b1.0b890.3m1.2b973.1m899.8m1.1b997.9m958.2m1.2b

Gross profit

735.4m892.1m817.4m747.4m850.8m906.6m763.2m940.2m974.1m793.4m863.5m

Gross profit Margin, %

47%45%45%46%42%48%46%46%49%45%42%
Annual
usdY, 2009Y, 2010Y, 2011Y, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

253.6m884.6m693.7m728.3m1.1b374.9m346.5m297.0m380.2m

Inventories

659.5m801.0m751.0m745.7m752.8m

Current Assets

2.5b2.2b1.8b1.8b2.0b

PP&E

2.2b2.2b2.2b2.1b
Quarterly
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

820.5m846.9m513.0m720.0m756.5m

Depreciation and Amortization

301.8m261.9m

Inventories

(26.3m)(88.5m)52.0m14.0m(71.4m)

Accounts Payable

13.4m(53.0m)
USDY, 2018

EV/EBIT

62.1 x

EV/CFO

28.2 x

Debt/Equity

2.6 x

Debt/Assets

0.4 x

Financial Leverage

6.3 x
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Hershey Operating Metrics

FY, 2014FY, 2015FY, 2016Mar, 2017

Brands

80 80 80

Countries

70 70 70

Distribution Centers

13

Manufacturing Facilities

19
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Hershey Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Pirate BrandsSeptember 13, 2018$420 m
Amplify Snack Brands2December 18, 2017$921 m

Hershey Revenue Breakdown

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Hershey revenue breakdown by geographic segment: 12.2% from International and Other and 87.8% from North America

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Hershey Online and Social Media Presence

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Hershey News and Updates

Hershey India enters biscuit segment with protein cookies

Chocolate and confectionery firm Hershey India Monday forayed into the premium biscuit segment under its soymilk brand, Sofit. India is one of the focus international market for the Pennsylvania-based chocolate major and the company is looking at its key brands, Hershey's and Sofit, to expand it…

The Hershey Company Agrees to Purchase Common Stock From Hershey Trust Company

HERSHEY, Pa., Nov. 07, 2018 (GLOBE NEWSWIRE) -- The Hershey Company (NYSE: HSY) announced today that it has agreed to purchase 450,000 shares of its common stock from Hershey Trust Company, as Trustee for the Milton Hershey School Trust, for approximately $48 million, or $106.30 per share.

Hershey Trust Company Announces Sale of Hershey Company Common Stock

HERSHEY, Pa., Nov. 7, 2018 /PRNewswire/ -- Hershey Trust Company today announced the sale of 4.5 million shares of The Hershey Company (NYSE: HSY) common stock. Specifically, Hershey Trust Company reached an agreement to sell 4,050,000 shares of common stock to Morgan Stanley. An...

Hershey released the first photo of its controversial new Reese's Cup that is 40% thinner, and it's already being forced to defend itself from critics' attacks

Hershey released the first photo of Reese's Thins, which are set to launch in March 2019.  The new version of the Reese's Cup — which is 40% thinner than the traditional cup — sparked backlash when it was announced last week.  The first Reese's Thins ad defends the treat from criticism, with the…

Hershey plans to roll out Reese's Cups that are 40% thinner — and people are furious

Hershey announced plans to roll out a Reese's Cup that is 40% thinner than the original last week.  Reese's Cups fans are reacting with horror and disgust.   Most Reese's lovers say they want more chocolate and peanut butter, not a smaller cup in the form of a Reese's Thins.  Hershey's plan to …

Hershey is trying to boost sales by selling Reese's Cups that are 40% thinner than the classics

Hershey plans to start selling a Reese's Cup that is 40% thinner than the original in March 2019.  The new sweet aims to win over customers who want a Reese's Cup with "more permissibility," Hershey North America's president Michele G. Buck said on Thursday.  Hershey has been doubling down on new…
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Hershey Company Life and Culture

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Hershey Frequently Asked Questions

  • When was Hershey founded?

    Hershey was founded in 1909.

  • Who are Hershey key executives?

    Hershey's key executives are Michele Buck, Patricia Little and Terence Oday.

  • How many employees does Hershey have?

    Hershey has 15,360 employees.

  • What is Hershey revenue?

    Latest Hershey annual revenue is $7.5 b.

  • What is Hershey revenue per employee?

    Latest Hershey revenue per employee is $489.3 k.

  • Who are Hershey competitors?

    Competitors of Hershey include Lindt & Spruengli, Mars and Mondelez International.

  • Where is Hershey headquarters?

    Hershey headquarters is located at 100 Crystal A Drive, Hershey.

  • Where are Hershey offices?

    Hershey has offices in Singapore, Chicago, Dubai, Hershey and in 3 other locations.

  • How many offices does Hershey have?

    Hershey has 7 offices.