Hershey

Hershey’s Sales Weaken Due to Virus Lockdowns
Financial Performance

Hershey’s Sales Weaken Due to Virus Lockdowns

The pandemic "has impacted traffic into stores, length of time in stores and the amount of discretionary goods people are purchasing," CEO Michele Buck says
By Matthew Heller | April 24, 2020
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Hershey Buys ONE Brands to Boost Snacks Push
M&A

Hershey Buys ONE Brands to Boost Snacks Push

The $397 million purchase of the maker of ONE Bars furthers Hershey's strategy to become a "snacking powerhouse."
By Matthew Heller | August 28, 2019
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CFOs on the Move: Week Ending April 19
People

CFOs on the Move: Week Ending April 19

Hershey, JPMorgan Chase, J.Jill, Hibbett Sports, Cognex, CBRE Group, Majesco, Alexander & Baldwin, Global Knowledge, SP Plus
By Joan Urdang | April 19, 2019
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Hershey Adds Snacks With Pirate Brands Buy
M&A

Hershey Adds Snacks With Pirate Brands Buy

The $420 million deal for the maker of Pirate's Booty cheese puffs expands Hershey's "better-for-you" snacks business.
By Matthew Heller | September 13, 2018
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Hershey to Slash Costs Through 2,700 Layoffs
Strategy

Hershey to Slash Costs Through 2,700 Layoffs

The job cuts are part of Hershey's restructuring program aimed at boosting operating profit and reducing administrative expenses.
By Matthew Heller | March 1, 2017
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Hershey Hit by 16.6% Sales Decline in China
Strategy

Hershey Hit by 16.6% Sales Decline in China

The company's fourth-quarter profit was boosted by a 22% drop in cocoa prices and its cost-cutting initiatives.
By Matthew Heller | February 6, 2017
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Mondelez Unveils New Plan for U.S. Growth
Strategy

Mondelez Unveils New Plan for U.S. Growth

After being rebuffed by Hershey, the confectioner is targeting U.S. consumers with an Oreo branded chocolate bar.
By Matthew Heller | September 7, 2016
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Mondelez Offer Not Sweet Enough for Hershey
Strategy

Mondelez Offer Not Sweet Enough for Hershey

The $22.8 billion proposal would create the world's largest candy maker but the Hershey Trust may stand in the way of any suitor.
By Matthew Heller | June 30, 2016
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Hershey’s CFO Choice Wasn’t Sweet, Research Firm Says
People

Hershey’s CFO Choice Wasn’t Sweet, Research Firm Says

Patricia Little's lack of food-industry and M&A experience could bite the company, says Management CV.
By David McCann | August 27, 2015
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What Makes for an Exceptional Company?
Technology

What Makes for an Exceptional Company?

Deloitte blows up conventional thinking on the assessment of financial performance.
By David McCann | January 14, 2015
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