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HSY
The Hershey Company
$224.99
-1.59 (-0.70%)
Summary
Stories
News
Metrics
Fundamentals
Company Profile
Symbol
HSY
Market Cap
$45.60B
IPO Date
Sep 19, 1947
CEO
--
Employees
19,595
Sector
--
Industry
SUGAR & CONFECTIONERY PRODUCTS
Country
United States
Exchange
--
Hershey is a leading US confectionery manufacturer (around a $54 billion market, according to Euromonitor), controlling around 36% of the domestic chocolate aisle. Beyond its namesake label, the firm's portfolio has expanded over the last 85 years and now comprises 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the US, including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confectionery business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its portfolio, as well as Pirate Brands and Dot's Pretzels over the past few years.
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