Profile: Hershey Co (HSY)
19 Dec 2014
The Hershey Company, incorporated on May 22, 1981, is a provider in chocolate and sugar confectionery. The Company’s principal product groups include chocolate and sugar confectionery products; pantry items, such as baking ingredients, toppings and beverages, and gum and mint refreshment products. It manufactures, markets, sells and distributes its products under more than 80 brand names. The Company markets its products in approximately 70 countries across the world. The Company’s key regions include the North America, including the United States and Canada, and International, including Latin America, Asia, Europe, Africa and exports to these regions. In addition, The Hershey Experience manages its retail operations globally, including Hershey’s Chocolate World Stores in Hershey, Pennsylvania, New York City, Chicago, Shanghai, Niagara Falls (Ontario), Dubai and Singapore. The Company’s two strategic business units are the chocolate business unit and the sweets and refreshment business unit.
The Company’s primary products sold in the United States under the HERSHEY’S brand franchise include HERSHEY’S milk chocolate bar, HERSHEY’S milk chocolate with almonds bar, HERSHEY’S Extra Dark pure dark chocolate, HERSHEY’S NUGGETS chocolates, HERSHEY’S DROPS chocolates, HERSHEY’S AIR DELIGHT aerated milk chocolate, HERSHEY’S MINIATURES chocolate candy, HERSHEY’S BLISS chocolates, HERSHEY’S COOKIES ‘N’ CREME candy bar, HERSHEY’S COOKIES ‘N’ CREME DROPS candy, HERSHEY’S POT OF GOLD boxed chocolates, HERSHEY’S sugar free chocolate candy, HERSHEY’S HUGS candies, HERSHEY'S SIMPLE PLEASURES candy and HERSHEY'S Spreads. Its products sold under the REESE’S brand franchise include REESE’S peanut butter cups, REESE’S peanut butter cups minis, REESE’S PIECES candy, REESE’S BIG CUP peanut butter cups, REESE’S NUTRAGEOUS candy bar, REESE’S sugar free peanut butter cups, REESE’S crispy and crunchy bar, REESESTICKS wafer bars and REESE’S FAST BREAK candy bar. Under the KISSES brand franchise, the Company's products include HERSHEY’S KISSES brand milk chocolates, HERSHEY’S KISSES brand milk chocolates with almonds, HERSHEY’S KISSES brand milk chocolates filled with caramel, HERSHEY’S KISSES brand SPECIAL DARK mildly sweet chocolates and HERSHEY’S KISSES brand Cookies 'n' Creme candies.
Some of the Company’s other products sold in the United States include 5th AVENUE candy bar, ALMOND JOY candy bar, ALMOND JOY PIECES candy, BROOKSIDE chocolate covered real fruit juice pieces, CADBURY chocolates, CARAMELLO candy bar, GOOD & PLENTY candy, HEATH toffee bar, JOLLY RANCHER candy, JOLLY RANCHER sugar free candy, KIT KAT wafer bar, MILK DUDS candy, MOUNDS candy bar, MR. GOODBAR chocolate bar, PAYDAY peanut caramel bar, ROLO caramels in milk chocolate, SKOR toffee bar, SPECIAL DARK chocolate bar, SPECIAL DARK PIECES candy, SYMPHONY milk chocolate bar, SYMPHONY milk chocolate bar with almonds and toffee, TAKE5 candy bar, TWIZZLERS candy, TWIZZLERS sugar free candy, WHATCHAMACALLIT candy bar, WHOPPERS malted milk balls, YORK peppermint pattie, YORK sugar free peppermint pattie, YORK PIECES candy, ZAGNUT candy bar and ZERO candy bar. Artisan Confections Company, a wholly-owned subsidiary of The Hershey Company, markets SCHARFFEN BERGER high-cacao dark chocolate products, and DAGOBA natural and organic chocolate products.
The Company’s SCHARFFEN BERGER products include chocolate bars, tasting squares and home baking products. DAGOBA products include chocolate bars, drinking chocolate and baking products. The Company’s refreshment products include ICE BREAKERS mints and chewing gum, ICE BREAKERS ICE CUBES chewing gum, BREATH SAVERS mints and BUBBLE YUM bubble gum. Its pantry items include HERSHEY’S, REESE’S, HEATH and SCHARFFEN BERGER baking products. The Company’s toppings and sundae syrups include REESE’S, HEATH and HERSHEY’S. The Company sells hot cocoa mix under the HERSHEY’S BLISS brand name.
The Company’s products sold in Canada include HERSHEY’S milk chocolate bars and milk chocolate with almonds bars; OH HENRY! candy bars; REESE PEANUT BUTTER CUPS candy; HERSHEY’S KISSES brand milk chocolates; TWIZZLERS candy, GLOSETTE chocolate-covered raisins, peanuts and almonds, JOLLY RANCHER candy; WHOPPERS malted milk balls; SKOR toffee bars; EAT MORE candy bars; POT OF GOLD boxed chocolates; BROOKSIDE chocolate-covered fruit, real fruit juice pieces and nuts, and CHIPITS chocolate chips.
The Company imports, markets, sells and distributes chocolate and candy products in China primarily under the HERSHEY’S, KISSES and LANCASTER brands. It manufactures, imports, markets, sells and distributes chocolate, sweets, refreshment and beverage products in Mexico under the HERSHEY’S, KISSES, JOLLY RANCHER and PELON PELO RICO brands. In Brazil, the Company manufactures, imports and markets chocolate, sweets and refreshment products, including HERSHEY’S chocolate, confectionery items and IO-IO items. The Company manufactures, markets, sells and distributes sugar confectionery, beverage and cooking oil products in India, including NUTRINE and MAHA LACTO confectionery products and JUMPIN and SOFIT beverage products. It also imports, markets, sells and distributes chocolate, sweets and refreshment products in Central America and Puerto Rico, , and other countries in Latin America, Asia, Europe, the Middle East and Africa regions. The Company licenses license the VAN HOUTEN brand name and related trademarks to sell chocolate products, cocoa, and baking products in Asia and the Middle East for the retail and duty-free distribution channels.
The Company’s customers are mainly wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires and department stores. Except for wholesale distributors, the Company’s other customers resell its products to end-consumers in retail outlets in North America and other locations worldwide. McLane Company, Inc. is the primary distributor of the Company’s products to Wal-Mart Stores, Inc.
100 Crystal A Drive, Rptg & Com
P O Box 810-External
HERSHEY PA 17033-0810
Company Web Links
- Hershey looks to swap corn syrup for sugar to satisfy buyers
- Hershey looks to swap corn syrup for sugar to satisfy buyers
- U.S. sugar refiner woes mount as Mexico deal seen choking supply
- UPDATE 2-U.S. sugar refiner woes mount as Mexico deal seen choking supply
- UPDATE 1-U.S. sugar refiner woes mount as Mexico deal seen choking supply