Hershey Co has exceeded analysts' estimates on full-year net sales and profit after a strong ending to the fourth quarter with consolidated net sales of $2,652.3 million, an increase of 14.0%.
Consumer Reports, the independent, non-profit member organisation that allegedly tested and discovered harmful levels of cadmium and other harmful heavy metals in some chocolate products, has urged the producers to commit by Valentine's Day to reduce...
Reese’s has announced it is debuting seven new chocolate and peanut combos this month as frozen treats for the North American market in a partnership with Unilever.
American candy lovers can now discover what Christmas tradition is most popular in their state with Hershey’s holiday tradition heat map and then use the candy pairing guide to make sure they’re stocking up on the right iconic sweets to help make holiday...
Hershey said it is starting work on a new 250,000-sq-ft manufacturing plant near its headquarters in Pennsylvania as part of an ongoing $1 billion investment programme to improve the firm’s supply chain and fuel future growth.
Hershey has announced its holiday lineup for winter 2022 with classic festive favourites including Grinch-themed Hershey’s KISSES and Reese’s Peanut Butter Trees returning once again, and brand-new treats such as Hershey’s Hot Chocolate Bombs.
In a statement the company said it is making measurable progress on its commitment to act on climate change. Recent initiatives include the launch of a third utility-scale solar project, energy and water optimization investments and continued progress...
Hershey has raised its annual sales and profit forecasts on the back of a strong Halloween that it signalled it expects to continue into the Christmas holiday season.
Cote d'Ivoire’s National Chocolate & Cocoa Day celebrations in Abidjan earlier this month was backed by Hershey and organised by Conseil du Café-Cacao, the country’s regulatory authority for coffee and cocoa.
US confectionery giant Hershey has announced plans to invest $90m on two new production lines in a Mexican facility in the northern border state of Nuevo Leo.
Confectionery giant’s reputation for justice, pride and leadership have been hailed by its employees as particular strengths for the company, leading it to be ‘Certified by Great Place to Work’ in its US business operations.
The long-running US child slavery lawsuit involving cocoa supply chains operated by Hershey, Nestle, Cargill in Cote d’Ivoire has been dismissed by a federal judge in Washington DC.
The Hershey Company’s evolution from sustainability to integrating ESG (Environmental, Social, and Governance) priorities into its business strategy and operations continues with the sharing of its 2021 ESG Report.
The Hershey Company has filed a patent application covering the substitution of dairy solids with roasted grain flour, which it says yields ‘improved organoleptic and rheological properties’ over known dairy-free chocolates.
While its legacy may be in chocolate, The Hershey Company's portfolio of snacks has grown by leaps and bounds over the last several years, positioning the company as a growing snacking powerhouse, says Todd M. Scott, manager, corporate brand &...
The Hershey Company used the Sweets & Snacks Expo 2022 to showcase its leadership in retail and consumer insights by focusing on the value of space for both retailers and consumers.
Hershey’s higher-than-expected sales and market share gains in the first quarter is a double-edged sword for the confection and snack company – allowing it to raise its full year guidance but simultaneously straining inventory and increasing the company’s...
The company said it is raising its 2022 net sales and earnings per share outlook to reflect the strength of its performance and strong demand for its chocolates and candies in the first quarter and expectations for the balance of the year.
In a row over the impending European Commission’s deforestation law, African smallholder cocoa farmers say European organisations do not speak on their behalf and claim their proposal risks damaging their livelihoods.
Hershey is highlighting the ‘SHE’ at the centre of its iconic milk chocolate bar as part of Women's History Month celebrations, which begins on 1 March in the US.
Hershey has posted revenues of $2.33bn for the quarter ended December 2021, beating estimates for quarterly profit on strong holiday demand and higher prices for its chocolates and candies.
Valentine’s Day is known as the ‘chocolate event’ for US consumers and the big confectionery companies are going to town with their marketing and advertising campaign head of 14 February.
Hershey’s rebranded Insights Centers have been designed to offer immersive experiences for customer collaboration to help the company with its strategic planning and retail growth initiatives.
The confectionery giant is expanding its footprint in the salty snacks scene with the acquisition of Dot’s Homestyle Pretzels and contract manufacturer Pretzels Inc, in a deal worth $1.2bn.
The Hershey Company’s DEI (diversity, equity and inclusion) agenda has been acknowledge in a survey by Forbes magazine, which has ranked it #1 on its list of the ‘World's Top Female Friendly Companies’, spearheading a roster of 300 honourees.
The confectionery industry received a boost as it heads into the important Halloween weekend when the Hershey Co raised its annual net sales and adjusted earnings forecast.
The a2 Milk Company and Hershey have teamed up to create a co-branded chocolate milk combining Hershey’s cocoa with 2% reduced fat milk containing only A2 beta-casein protein.
With days to go before the Halloween weekend, KIT KAT, produced by Hershey in the US, is giving costume prep a whole new meaning to this year’s trending ‘group costume’ theme.
Hershey has pitched up at the 2021 National Association of Convenience Stores (NACS) Show Expo in Chicago to reveal its key consumer insights to help retail partners meet evolving consumer needs.
Joint statement announces that Barry Callebaut will continue to supply liquid chocolate and finished products to Hershey in North America under a renewed long-term agreement.
Hershey has announced it has raised its full-year sales outlook after a ‘robust recovery’ from the easing of COVID-19 restrictions that saw consumers buying more of its confectionery.
The Hershey Company has completed its acquisition of Lily's, the high-growth maker of low-sugar, better-for-you (BFY) confectionery products, for a purchase price of $425m.
The premier trade show for the candy and snack categories is back after a 12-month break and offers visitors to the Indiana Convention Center the opportunity to discover new confectionery and snack products, actionable insights and unparalleled access...
The Hershey Company has released its 2020 Sustainability Report, which includes an in-depth review of its environmental and social initiatives during a year of ‘unprecedented challenges’.
Hershey - which recently outlined a strategy to expand its reduced sugar offerings via in-house R&D, acquisitions, and licensing or partnership deals - has struck a deal to acquire fast-growing ‘no sugar added’ chocolate brand Lily's Sweets for...
Hershey has posted stronger-than-expected earnings for its first quarter and is expected to boost its chocolate sales in North America as the country’s roll-out of the COVID-19 vaccine gathers pace.
Hershey is setting Twizzlers’ fans with a mystery to solve this year by asking them to guess the flavour of a new version when it becomes available nationwide beginning this spring.
