OverviewSuggest Edit

Hershey is a company manufacturing and selling confectionery products. It operates through two segments, North America, and International and Other. The company offers chocolate and non-chocolate confectionery products; gum and mint refreshment products comprising mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items, including spreads, meat snacks, bars and snack bites, mixes, popcorn and protein bars, and cookies. Hershey provides its products under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Lancaster, Payday, Rolo, Twizzlers, Whoppers, York, Scharffen Berger, Dagoba, Ice Breakers, Breathsavers, Bubble Yum, SkinnyPop, Pirate's Booty, Oatmega, Paqui, ONE, and Krave brands, as well as under the Pelon Pelo Rico, IO-IO, Nutrine, Maha Lacto, Jumpin, and Sofit brands.
TypePublic
Founded1909
HQHershey, PA, US
Websitethehersheycompany.com
Employee Ratings3.9
Overall CultureA

Latest Updates

Employees (est.) (Dec 2019)14,520(-2%)
Revenue (FY, 2020)$8.1 B(+3%)
Share Price (May 2021)$168.5(+2%)
Cybersecurity ratingBMore

Key People/Management at Hershey

Michele Buck

Michele Buck

Chairman of the Board, President and Chief Executive Officer
Hector de la Barreda

Hector de la Barreda

President, Amplify Snack Brands
Rohit Grover

Rohit Grover

President, International
Charles Raup

Charles Raup

President, U.S.
Jason Reiman

Jason Reiman

Senior Vice President, Chief Supply Chain Officer
Kristen Riggs

Kristen Riggs

Senior Vice President, Chief Growth Officer
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Hershey Office Locations

Hershey has offices in Hershey, Hazleton, Lancaster, Memphis and in 15 other locations
Hershey, PA, US (HQ)
19 E Chocolate Ave
Sao Paulo, BR
Av. Dr. Cardoso de Melo, 1060 - Vila Olímpia
Mississauga, CA
400-5750 Explorer Dr
Mumbai, IN
5th floor, Schindler House, Near Main Street, Chemtex Lane, Hiranandani Gardens, Sainath Nagar, Powai
Tokyo, JP
Tokyo, Japan
Seoul, KR
Seoul, Korea
Show all (20)

Hershey Financials and Metrics

Hershey Revenue

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Hershey's revenue was reported to be $8.15 b in FY, 2020
USD

Revenue (Q1, 2021)

2.3b

Gross profit (Q1, 2021)

1.0b

Gross profit margin (Q1, 2021), %

45.7%

Net income (Q1, 2021)

396.9m

EBIT (Q1, 2021)

553.0m

Market capitalization (7-May-2021)

34.9b

Closing stock price (7-May-2021)

168.5

Cash (4-Apr-2021)

1.1b

EV

38.3b
Hershey's current market capitalization is $34.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.5b7.8b8.0b8.1b

Revenue growth, %

1%4%3%

Cost of goods sold

4.1b4.2b4.4b4.4b

Gross profit

3.4b3.6b3.6b3.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

2.0b1.8b2.1b2.0b1.8b2.1b2.0b1.7b2.2b2.3b

Cost of goods sold

997.9m958.2m1.2b1.1b892.5m1.2b1.2b914.8m1.1b1.2b

Gross profit

974.1m793.4m863.5m892.5m874.7m943.3m866.6m792.6m1.1b1.0b

Gross profit Margin, %

49%45%42%44%49%44%43%46%49%46%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

380.2m588.0m493.3m1.1b

Accounts Receivable

588.3m594.1m568.5m615.2m

Prepaid Expenses

280.6m272.2m240.1m254.5m

Inventories

752.8m784.9m815.3m964.2m
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

756.5m1.2b1.1b1.3b

Depreciation and Amortization

261.9m295.1m291.5m294.9m

Inventories

(71.4m)(12.7m)(21.2m)(151.9m)

Accounts Payable

(53.0m)(100.3m)41.1m41.5m
USDFY, 2017

Revenue/Employee

489.3k

Debt/Equity

3.1 x

Debt/Assets

0.5 x

Financial Leverage

6 x
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Hershey Operating Metrics

FY, 2014FY, 2015FY, 2016Mar, 2017FY, 2017FY, 2018FY, 2019

Brands

808080808080

Countries

707070809085

Distribution Centers

13

Manufacturing Facilities

19181515
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Hershey Acquisitions / Subsidiaries

Company NameDateDeal Size
ONE Brands, LLCSeptember 30, 2019$402.16 m
Pirate BrandsSeptember 13, 2018$420 m
Amplify Snack Brands2December 18, 2017$921 m
Ripple Brand Collective, LLCApril 26, 2016$285.37 m
Shanghai Golden MonkeyFebruary 03, 2016
Krave Pure FoodsMarch 31, 2015$220.02 m
Allan Candy CompanyDecember 04, 2014
Tri-Us, Inc.February 21, 2012
Brookside Foods LtdDecember 08, 2011
Van Houten (Singapore) Pte. Ltd.February 28, 2009
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Hershey Revenue Breakdown

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Hershey revenue breakdown by geographic segment: 11.3% from International and Other and 88.7% from North America

Show all human capital metrics

Hershey Cybersecurity Score

Cybersecurity ratingPremium dataset

B

87/100

SecurityScorecard logo

Hershey Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Hershey Online and Social Media Presence

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Hershey Company Culture

  • Overall Culture

    A

    76/100

  • CEO Rating

    A

    77/100

  • Compensation

    B

    70/100

  • Diversity

    A-

    75/100

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Hershey News and Updates

Hershey CEO says stay-at-home trends are outlasting the pandemic even as consumers venture out

People love their sweets, and they're not just indulging in them at home during the pandemic, Hershey CEO Michele Buck said.

Hershey blows past estimates for Q1, raises guidance as vaccine drive expected to improve consumer mobility

Hershey Co. posted stronger-than-expected earnings for its first quarter and raised guidance for the full year on an expected jump in consumer mobility as the COVID-19 vaccine push continues and is expected to boost chocolate sales in North America. The company said it had net income of $395.8 mill…

Hershey Reports First-Quarter 2021 Financial Results; Raises 2021 Net Sales and Earnings Outlook

HERSHEY, Pa., April 29, 2021 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the first quarter ended April 4, 2021, and raised its full-year financial outlook. "We are off to an outstanding start in 2021, with broad-based growth across the...

Hershey Selects Horizon Media As Agency Of Record For U.S. Media

HERSHEY, Pa., April 16, 2021 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that they have selected Horizon Media as agency of record for the company's U.S. confectionary business. This completes a six month comprehensive review of all paid media, including linear,...

Hershey commits to end deforestation in its supply chain by 2030

Hershey Co. said Monday that it is expanding its environmental goals over the coming years, including a pledge to end deforestation in its supply chain by 2030. Any company not in compliance with the company's policy runs the risk of being omitted from the supply chain. The sweets-and-snacks compan…

Demand for s'mores spiked in areas with most COVID-19 cases, the CEO of Hershey says — and the company tracked infection rates to decide its ad spend

Summary List PlacementAs COVID-19 spread around the US, so did demand for s'mores, according to The Hershey Company.  "This past year, we noticed that wherever COVID case counts were elevated, we were seeing increasing sales of s'mores ingredients," Hershey CEO Michele Buck told CNBC on Thursday. …
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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, Hector de la Barreda and Rohit Grover.

  • How many employees does Hershey have?

    Hershey has 14,520 employees.

  • What is Hershey revenue?

    Latest Hershey annual revenue is $8.1 b.

  • What is Hershey revenue per employee?

    Latest Hershey revenue per employee is $561.3 k.

  • Who are Hershey competitors?

    Competitors of Hershey include Ferrero, Yamazaki Baking and Pladis.

  • Where is Hershey headquarters?

    Hershey headquarters is located at 19 E Chocolate Ave, Hershey.

  • Where are Hershey offices?

    Hershey has offices in Hershey, Hazleton, Lancaster, Memphis and in 15 other locations.

  • How many offices does Hershey have?

    Hershey has 20 offices.