Hershey - food industry company news 
Best bits: Food makers look ahead to another tough year
6 February 2012
2011 was a year of low consumer confidence, pressure from raw material costs and ever-increasing demands from retailers. This year is set to see more of the same.
Editor's choice: the highlights on just-food this week
6 February 2012
Hershey and Unilever were among the major food manufacturers that this week were the first to report their 2011 financial results. Unilever's profits inched up 1% and CEO Paul Polman pointed to the performance of its home and personal care operations - casting some questions over the prospects of its food operations. In the retail sector, this week saw the long-speculated appointment of a new CEO at Carrefour and analysts expressed concern about the outlook for Ocado despite narrowing full-year losses.
US: Hershey 2012 sales, profit growth to exceed targets
1 February 2012
Hershey has forecast that its sales and earnings will grow faster in 2012 than its long-term targets.
EUROPE: Hershey in distribution talks
30 January 2012
US confectionery giant Hershey is in discussions to secure wider distribution of its products in more European markets.
US: Hershey investment to target child labour in West Africa
30 January 2012
Hershey is to invest US$10m in its cocoa sustainability programme in West Africa, in a bid to "eliminate child labour" in the region.
US: Hershey adds to Jolly Rancher range
17 January 2012
US confectioner Hershey has extended its Jolly Rancher confectionery range in the US with the addition of a new variant.
US: Hershey to buy Canadian candy firm Brookside Foods
9 December 2011
US confectioner Hershey is set to expand its brand portfolio by acquiring Canadian-based confectionery firm Brookside Foods.
US: Former Diageo exec Malcolm joins Hershey board
8 December 2011
US confectioner Hershey has elected former Diageo executive Rob Malcolm to its board of directors.
Logistics - the food sector's sustainability initiatives
30 November 2011
High petrol prices and the increasing importance of sustainability has prompted the food industry to try out new - and often innovative - methods of transporting their wares to customers, as well as search for ways to enhance their existing logistical operations. Stuart Todd takes a look at the schemes food manufacturers and retailers have adopted to reduce both their carbon footprint and transport costs.
IVORY COAST: Barry Callebaut to expand in Ivory Coast
21 November 2011
Chocolate manufacturer Barry Callebaut has confirmed that it will increase capacity at its cocoa plants in the Ivory Coast.
just-food's research round-up
4 November 2011
This week's featured reports from the just-food research store take in a number of the key issues affecting strategies and innovation in the industry - from sustainability to health and wellness.
Quote, unquote: just-food's week in words
31 October 2011
This week, key M&A announcements dominated the headlines with US food maker Hain Celestial acquiring UK chilled foods firm Daniels Group, in a bid to expand the international presence of both companies. Ireland-based Greencore was in sales talks with unnamed sources. Meanwhile, rival confectioneries Ferrero and Hershey look to expand overseas.
Editor's choice: the highlights on just-food last week
31 October 2011
We had this week that M&A activity in the food industry - at least in the UK - had slowed in the third quarter of the year but the final three months has seen deal-making return to the headlines with Hain Celestial's takeover of Daniels Group and rumours around the future of Greencore. Click on the headlines for more.
On the money: Hershey could hit overseas goal early
28 October 2011
US confectioner Hershey has said it could reach its target of generating US$1bn of sales outside its domestic market earlier than planned.
US: Hershey raises sales forecast after "solid" Q3
27 October 2011
Confectionery giant Hershey today (27 October) raised its sales growth forecast following a "solid" third quarter.
EUROPE: Ferrero insists "no plans" for logistics deals outside US
27 October 2011
Ferrero has said it "no plans" to set up a joint logistics partnership with any of its rivals in Europe.
Quote, unquote: just-food's week in words
10 October 2011
Two of the UK's largest retailers, Tesco and Sainsbury's, gave an update on their trading this week and the former's new promotional campaign remained a talking point. Another subject of fierce debate was Denmark's new fat tax, which the country's food manufacturers have described as a "bureaucratic nightmare". Click on the links for more.
Editor's choice: the highlights on just-food last week
10 October 2011
Tesco and Sainsbury's trading updates dominated the industry headlines here in the UK but, as the week came to a close, another profit warning from the country's largest food maker, Premier Foods plc, stunned the sector. Elsewhere, Hershey and Ferrero joined forces on logistics, while there was plenty of M&A talk, including a significant deal in the sugar sector.
In the spotlight: Logistics maps route for further Hershey, Ferrero JVs
7 October 2011
Confectionery makers Hershey and Ferrero are to work together on logistics in North America and there are hints they could one day take this partnership into other markets. However, as Sam Webb reports, industry watchers believe the venture could be the first stage of a wider relationship in the future.
US: Ferrero, Hershey in logistics tie-up
5 October 2011
US confectionery giant Hershey has today (5 October) announced a warehousing, transport and distribution alliance with the North American operation of Ferrero.
US: Hershey CEO Bilbrey names global management team
22 September 2011
Hershey chief J.P. Bilbrey has named his "global leadership team", a set of executives that the US confectioner believes will drive growth at home and abroad.
US: Takeover, ingredient costs lead to Q1 loss at Del Monte
12 September 2011
Costs linked to last year's takeover of Del Monte Foods - and higher commodity prices - have led the US food group to post a quarterly loss.
EUROPE: Barry Callebaut invests in European operations
5 September 2011
Barry Callebaut, the business-to-business chocolate maker, is investing CHF25m (US$31m) in its European production facilities.
Best bits: Pessimism in promotion-mad UK
1 August 2011
With growth slowing in the UK, retail sales volumes down and promotions on the increase, even the better performing food manufacturers can betray a note of pessimism, writes Dean Best.
Editor's choice: the highlights on just-food this week
29 July 2011
just-food's insight pages were full of interviews and analysis this week. As Auchan's Sun Art Retail Group venture listed in Hong Kong, we looked at the growth of China's hypermarket sector. Our food retail coverage did not stop there, with our latest briefing focusing on the challenge of building a successful online operation. And we interviewed executives at two leading dairy processors, Arla Foods and First Milk, about issues from sustainability to promotions. Click on the headlines for more.
Quote, unquote: just-food's week in words
29 July 2011
The week saw more of the major food manufacturers report their half-year results. Aside from their numbers, Danone faced questions on the performance of its business in Russia, while Hershey's new CEO was quizzed over its future in India. Meanwhile, Superquinn directors dropped their legal action against the Irish retailer's receivership and a group of UK politicians urged the Government to strengthen the powers of the proposed grocery watchdog. Click on the links for more.
On the money: Hershey CEO coy on India JV amid overseas ambitions
26 July 2011
Hershey's new president and CEO John Bilbrey today (26 July) outlined his confidence in the US confectioner's overseas operations but was coy about the future of its Indian joint venture.
US: Hershey sweetens FY sales, profit targets
26 July 2011
US confectionery Hershey today (26 July) lifted its forecasts for annual sales and profits.
US: Industry draws up rules on food advertised to kids
15 July 2011
Food manufacturers including Nestle, Hershey and Kraft Foods have published their own uniform guidelines on the nutritional content of products advertised to US children.
Editor's choice: the highlights on just-food this week
15 July 2011
Premier Foods' appointment of Kraft's Mike Clarke as its new CEO this week was a surprise move but one welcomed by the market. Investors in Brasil Foods were also cheered by the news that the 2009 merger that created the company was cleared by Brazil's competition watchdog. However, a plan to combine Brazil's largest retailer, CBD, with Carrefour's local operations was halted amid continued opposition from Casino, which prompted the country's national development bank to pull planned funding for the deal. Click on the headlines for more.
Related research
The Hershey Company
Datamonitor's The Hershey Company - SWOT Analysis company profile is the essential source for top-level company data and information. The Hershey Company - SWOT Analysis examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.The Hershey Company (Hershey or “the company) is involved in the manufacturing, selling and distribution of chocolate and confectionery products, pantry items and gum and mint refreshment products under more than 80 brand names. The company’s products are sold in more than 50 countries spread across the Americas and Asian regions. It is headquartered in Hershey, Pennsylvania and employs about 13,700 people of whom 12,100 are full-time employees and 1,600 are part time workers. The company recorded revenues of $5,298.7 million during the financial year ended December 2009 (FY2009), an increase of 3.2% over 2008. The company was able to increase its revenue by implementing price increases and improving operational efficiency. The operating profit of the company was $761.6 million in FY2009, an increase of 29.1% over 2008. The net profit was $436 million in FY2009, an increase of 40% over 2008.
The Hershey Company (HSY) - Financial and Strategic Analysis Review
The Hershey Company (Hershey) is one of North America's leading chocolate manufacturers, and a global leader in providing chocolate and sugar confectionery products. The company, along with its subsidiaries, engages in the production, marketing, selling, and distribution of various package types of chocolate and confectionery products, gum and mint refreshment products, and food and beverage enhancers such as baking ingredients, toppings and beverages. Its products are marketed under 80 brand names, including Hershey's Kisses, Kit Kat, Reese's, Twizzlers, Ice Breakers. Hershey operates in the US, Mexico, Brazil, Europe, Asia and others.
The Hershey Company (HSY) - Financial and Strategic SWOT Analysis Review
This comprehensive SWOT profile of The Hershey Company provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.
