Hershey

Hershey Plunges As Sluggish US Candy Sales Weigh Down Earnings

Hershey plunged the most in more than a year after its quarterly sales and profit missed analyst estimates, weighed down by poor performance in the pivotal...

The A-Z of Retail: H Is For Hershey

ESM: European Supermarket Magazine is proud to launch 'The A-Z of Retail', a new subscriber-only series that offers a deep analysis of the retailers, suppl...

A Sweet Deal? Ferrero's Nestlé Purchase Signals Shift In US Candy Market

After months of talks and speculation, Nestlé has agreed to sell its US confectionery unit to Nutella-maker Ferrero for $2.8 billion. This is a b...

Race To Acquire Nestlé's US Confectionery Business Continues

The battle for Nestlé's US confectionery business is ongoing, with a number of companies said to have made bids for the candy unit in recent days....

Campbell, Hershey Bet That Salty Snacks Will Reignite Slow Sales

In a packaged-food industry suffering from weak demand and shifting consumer tastes, there’s still one safe bet: salty snacks. Potato chips, popco...

Hershey To Buy Amplify Snack Brands For $1.6 Billion

Hershey is expanding further beyond chocolate, agreeing to buy the owner of Tyrrell’s potato chips and SkinnyPop popcorn for $1.6 billion, including...

Hershey Sees Marginal Sales Growth In Second Quarter

US confectionery company Hershey has reported that net sales increased by 1.5% to $1,663 million during the second quarter of 2017. This gives the compa...

China Orders Hershey-Lotte Candy Factory To Halt Operations

Lotte Shanghai Foods, a joint venture between Hershey Co. and South Korea’s Lotte Group, has been told by Chinese authorities to stop production at i...