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 Ratings4
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2019)14,520(-2%)
Revenue (FY, 2020)$8.1 B(+3%)
Share Price (Oct 2021)$179.6(-1%)
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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
Jason Reiman

Jason Reiman

Senior Vice President, Chief Supply Chain Officer
Kristen Riggs

Kristen Riggs

Senior Vice President, Chief Growth Officer
Chris Scalia

Chris Scalia

Senior Vice President, Chief Human Resources Officer
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Hershey Office Locations

Hershey has offices in Hershey, Hazleton, Lancaster, Memphis and in 13 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 (17)

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 (15-Oct-2021)

37.2b

Closing stock price (15-Oct-2021)

179.6

Cash (4-Apr-2021)

1.1b

EV

40.6b
Hershey's current market capitalization is $37.2 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: 88.7% from North America and 11.3% from International and Other

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Hershey Online and Social Media Presence

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Hershey Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    B+

    74/100

  • Compensation

    C+

    66/100

  • Diversity

    A-

    75/100

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Hershey News and Updates

PM Hotel Group Selected to Manage the Sheraton Harrisburg Hershey Hotel

Chevy Chase, Md, Oct. 11, 2021 (GLOBE NEWSWIRE) -- PM Hotel Group, the industry’s leading independent hospitality management company, has been selected to manage the Sheraton Harrisburg Hershey Hotel. This latest addition further expands PM Hotel Group’s Mid-Atlantic portfolio of Marriott-affiliat…

Hershey Brings the Magic of the Holidays to Life with its Largest Lineup of Holiday Innovations Yet

HERSHEY, Pa., Sept. 14, 2021 /PRNewswire/ -- Whether you are reuniting with family, rediscovering favorite holiday traditions, or spending a well-deserved holiday away from home, Hershey is giving you 13 special new treats to make this holiday season the sweetest yet. Hershey has taken...

Meritage Homes, The Hershey Company, And Packaging Corporation Of America Are Poised For Post Pandemic Growth

After 2Q21 earnings, long-term tailwinds give these three Long Ideas excellent opportunities to grow profits.

Hershey reports earnings beat, raises sales guidance

Hershey Co. reported second-quarter net income of $301.2 million, or $1.45 per share, up from $268.9 million, or $1.29 per share, last year. Adjusted EPS of $1.47 beat the FactSet consensus for $1.43. Sales of $1.99 billion were up from $1.71 billion last year and also ahead of the FactSet consensu…

Hershey Reports Second-Quarter 2021 Financial Results; Updates 2021 Net Sales and Earnings Outlook

HERSHEY, Pa., July 29, 2021 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the second quarter ended July 4, 2021, and updated its full-year financial outlook. "Our business continued to excel in the second quarter with robust recovery in...
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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 13 other locations.

  • How many offices does Hershey have?

    Hershey has 17 offices.