Hershey

Food industry company news

Subscribe via RSSWhat is RSS?

Hershey is a North America-based chocolate company. Founded by Milton S. Hershey in 1894, Hershey is a public company, listed on the New York Stock Exchange as HSY. The head office for Hershey is located in Derry Township, Pennsylvania, USA. Hershey has a majority of its voting shares controlled by The Hershey Trust.

Latest Insights

In-depth: Why align with UN sustainability goals?

Over the two years since the United Nations Sustainable Development Goals (UN SDGs) were launched, increasing numbers of food companies have...

Ceres' dive into water gives food plenty to ponder

A new report from US non-profit Ceres looking at how food manufacturers are addressing water risks points to improvement among some companie...


Ben Cooper | 23 Mar 2017

Twelve chocolate and cocoa companies, including Nestle, Mondelez International, Hershey last week announced plans to work together to "end deforestation and forest degradation in the global cocoa supply chain", focusing initially on Côte d'Ivoire and Ghana. Ben Cooper speaks to industry and campaign representatives to set out what that plan could look like.


Dean Best | 7 Feb 2017

Hershey's 2016 results and 2017 outlook, issued on Friday (3 February), suggested both a stronger finish to the year than the preceding nine months had suggested and confidence on this year's earnings above that seen on Wall Street. Nevertheless, analysts still had questions on Hershey's earnings expectations, on its performance in China and on its plans for its cost structure. Dean Best reports.


Keith Nuthall | 3 Oct 2016

What impact could the 3D printing of food have on the sector? It's one of the most-discussed issues among product developers. While there are chefs experimenting with using 3D printing to customise dishes or add some automation to their kitchens, some of the food industry's packaged food giants are also looking closely at the technology. Mandy Kovacs, Poorna Rodrigo, Kitty So and Kathryn Wortley report.


Dean Best | 31 Aug 2016

Mondelez International, the owner of Cadbury, Milka and Toblerone, this week announced the end of its plans to gobble up another chocolate major, US-based group Hershey. Now the prospect of a US$23bn takeover is off the table, industry watchers are speculating about what could be on the horizon for both companies. Dean Best reports.

Latest Interviews

Katy Askew | 22 Oct 2015

CSM Bakery Solutions came to life two years ago when Rhône Capital acquired the bakery supplies business of Dutch food and ingredients group CSM. At the time, Rhône Capital said it would invest in CSM's capacity to innovate and use its customer relationships to support global growth. Katy Askew spoke to CSM vice president of bakery products, Sebastian Siethoff, to find out more. 


Ben Cooper | 3 Apr 2013

Hershey has become the latest major chocolate company to make a bold public commitment to sustainable cocoa. Andy McCormick, Hershey's vice president, cocoa sustainability, spoke with Ben Cooper about the company's 21st Century Cocoa Plan and its commitment to collective efforts to achieve a sustainable cocoa sector.

Latest News

Andy Coyne | 18 Dec 2017

Hershey has confirmed it has struck a deal to buy fellow US business Amplify Snack Brands for US$1.6bn.


Andy Coyne | 18 Dec 2017

A report this morning (18 December) is linking US confectionery giant Hershey with a US$1.6bn deal to buy Amplify Snack Brands.


just-food.com | 15 Dec 2017

just-food presents the key metrics from company financials in bitesize format, with analyst insight and social media comment alongside graphs illustrating a business' historical performance to give you an easy-to-read digest of the numbers you need to know.


Andy Coyne | 16 Nov 2017

Top cocoa-producing nations Côte d’Ivoire and Ghana and major confectionery companies have agreed to take action to help eliminate deforestation.


Andy Coyne | 27 Oct 2017

US confectionery giant Hershey is planning to add another chocolate product, Gold, to its namesake range.


Andy Coyne | 29 Aug 2017

California confectionery company Leaf Brands is the latest firm to be linked with a bid for Nestle's US candy business.


Andy Coyne | 26 Jul 2017

US confectionery giant Hershey has downgraded its sales outlook for 2017, blaming a tough retail climate.


Simon Harvey | 18 Jul 2017

Hershey is targeting the healthy-eating US consumer with its new Popwell popcorn brand.


Andy Coyne | 14 Jul 2017

US chocolate giant Hershey is aiming to get ahead of the transparency curve through an update of the Nutrition Facts panels on its products.


Dean Best | 12 May 2017

Confectioners operating in the US, including Nestle, Mars and Ferrero have announced a series of pledges in areas including pack sizes, calories and labelling.


Katy Askew | 26 Apr 2017

Hershey has booked a drop in first-quarter profits due to higher asset impairment charges and "business realignment" costs. 


Dean Best | 24 Apr 2017

Hershey has issued a new pledge on the calories contained in its products, setting a new commitment taking in a chunk of its confectionery lines.


Dean Best | 19 Mar 2017

Hershey is to increase the production capacity of a factory in the US as part of the confectionery and snacks group's push to develop "more innovative" products.


Dean Best | 17 Mar 2017

Twelve chocolate and cocoa companies, including Nestle, Mondelez International, Hershey today (16 March) announced plans to work together to "end deforestation and forest degradation in the global cocoa supply chain", focusing initially on Côte d’Ivoire and Ghana.


Dean Best | 13 Mar 2017

Hershey has named former Mondelez International executive Mary Beth West its new chief growth officer.


Dean Best | 9 Mar 2017

Hershey has insisted "maintenance" work has led to the suspension of manufacturing at a plant it co-owns in China amid talk a dispute between the country and South Korea over US defence policy has led Beijing to order the factory stops production.


Katy Askew | 3 Mar 2017

Commenting on topics as diverse as sugar reduction, job cuts and M&A, here is a summary of the food industry's week in its own words. 


Dean Best | 1 Mar 2017

Hershey is to cut its global workforce by around 15% as part of a drive to save costs and make the confectionery giant more profitable.


Dean Best | 24 Feb 2017

New Hershey CEO Michele Buck has announced her leadership team - which is set to see the return of the role of chief growth officer at the confectionery giant.


Dean Best | 3 Feb 2017

Hershey today (3 February) reported underlying fourth-quarter earnings - and issued a forecast for its 2017 adjusted EPS - above Wall Street estimates.


Dean Best | 3 Jan 2017

Hershey has launched its "premium" chocolate brand Brookside in India.


Katy Askew | 22 Dec 2016

Hershey has announced it will promote its chief operating officer, Michele Buck, to the post of CEO when John Bilbrey retires next year. 

Latest blogs

Dean Best | 20 Sep 2016

Hershey made an unusual announcement today (20 September), sharing its own sales data for the last four weeks to assuage any possible investor concern over figures released by Nielsen.


Hannah Abdulla | 28 Jan 2015

US fans of British chocolate imports have taken to social media to vent their frustration after Hershey earlier this week reached a settlement with an importer to stop distributing British-made candy bars into the country.

just-food homepage



Forgot your password?