Sector: Consumer Non-Cyclicals | Industry: Food Processing |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 19 East Chocolate Avenue External Rptg & Compliance HERSHEY PA 17033 |
Tel: | 1-800-539-0261 |
Website: | https://www.thehersheycompany.com |
IR: | See website |
Key People | ||
Michele G. Buck Chairman of the Board, President, Chief Executive Officer | Jennifer L. Mccalman Chief Accounting Officer, Vice President | Steven E. Voskuil Chief Financial Officer, Senior Vice President |
Rohit Grover President, International | Charles R. Raup President - U.S. Confection | Kristen J. Riggs President - Salty Snacks |
Christopher M. Scalia Chief Human Resources Officer, Senior Vice President | Deepak Bhatia Senior Vice President, Chief Technology Officer | James Turoff Senior Vice President, General Counsel, Secretary | Jason R. Reiman Senior Vice President, Chief Supply Chain Officer |
Business Overview |
The Hershey Company is a confectionery company. The Company offers a branded portfolio of chocolate, sweets, mints and other snacks. The Company operates through three segments, which include North America Confectionery, North America Salty Snacks and International. The North America Confectionery segment includes its business in chocolate and non-chocolate confectionery, gum and refreshment products, protein bars, spreads, snack bites and mixes, as well as pantry and food service lines. The North America Salty Snacks segment offers salty snacking products in the United States. This includes ready-to-eat popcorn, baked and trans fat-free snacks, pretzels and other snacks. The international segment has operations and manufactures products in Mexico, Brazil, India and Malaysia, primarily for consumers in these regions, and also distributes and sell confectionery products in export markets of Asia, Latin America, the Middle East, Europe, Africa and other regions. |
Financial Overview |
For the fiscal year ended 31 December 2023, Hershey Co revenues increased 7% to $11.16B. Net income increased 13% to $1.86B. Revenues reflect North America Confectionery segment increase of 7% to $9.12B, International and Other segment increase of 11% to $949.2M, North America Salty Snacks segment increase of 6% to $1.09B, United States segment increase of 7% to $9.75B, Other segment increase of 9% to $1.41B. |
Employees: | 18,650 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $42,163M as of Dec 31, 2023 |
Annual revenue (TTM): | $11,165M as of Dec 31, 2023 |
EBITDA (TTM): | $2,984M as of Dec 31, 2023 |
Net annual income (TTM): | $1,862M as of Dec 31, 2023 |
Free cash flow (TTM): | $663.01M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $4,412M as of Dec 31, 2023 |
Shares outstanding: | 204,211,543 as of Mar 8, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |