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
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."
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
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.
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.
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.
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.
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.
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.