Michele Buck
Hershey posts improved first quarter results, despite wider global market challenges
Hershey has reported first quarter growth for its global operations, posting net sales of $2.6 billion, up 16%, driven by sustained consumer demand, writes Neill Barston.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Hershey records annual revenue gains despite ongoing global challenges
Hershey’s CEO and president Michele Buck has welcomed the company’s improved annual results, which revealed net sales up 10% for the year, at $8.9 billion, against a backdrop of uncertain market conditions, writes Neill Barston.
Business news, Cocoa & chocolate, New products, Processing, Regulatory, Sustainability
Hershey lines up major $1.2 billion deal for US-based Dot’s Pretzels business
The US-based Hershey Company has made a $1.2 billion move to acquire American snacks specialist business Dot’s Pretzels, amid sustained broader category growth, writes Neill Barston.
Hershey claims top spot in Forbes’ rankings of World’s Top Female Friendly companies
The Hershey Company has been ranked as the number one on Forbes’ list of the “World’s Top Female Friendly Companies,” emerging top from a lists totalling 300 leading businesses, writes Neill Barston.
Business news, Cocoa & chocolate, Regulatory, Sustainability
Hershey extends key chocolate supply deal with Barry Callebaut for its US markets
The US-based Hershey Company has committed to renewing its longstanding chocolate supply partnership with Barry Callebaut for its American markets, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, New products, Processing, Regulatory, Sustainability
Hershey sees major sales growth across its global markets
A key upturn in performance for US-based confectionery group Hershey, has seen increased consumer demand see results quarterly figures increase 16.5% year-on-year, to $1.99 billion, according its latest results, reports Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Hershey CEO hails key improvements with first quarter results
The CEO and president of Hershey, Michele Buck, has hailed ‘broad-based growth’ in its first quarter results delivering reported net sales up 12.7% to $2.3 billion for the period, writes Neill Barston.
Business news, Cocoa & chocolate, Processing, Regulatory, Sustainability
Hershey reveals improved annual results despite pandemic
US-based Hershey has released its latest annual results that reveal net sales of $8.1 billion, up by 2% in 2020, despite the ongoing trading tests of the coronavirus pandemic, reports Neill Barston.
Business news, Cocoa & chocolate, Ingredients, Processing, Regulatory, Sustainability
Hershey records key sales boost as consumers turn to treats amid coronarvirus pandemic
US confectionery giant, Hershey, has reported an improved third-quarter financial position amid the ongoing pandemic, gaining a 4% net sales boost to $2,219.8 million, reports Neill Barston
Business news, Cocoa & chocolate, Food safety, Ingredients, New products, Processing, Sustainability
Hershey reveals downturn in global sales amid coronavirus pandemic
US confectionery group Hershey has released it second quarter results, revealing a 3.4% drop in sales, to $1,707.3 million, attributed to the effects of trading difficulties during the ongoing coronavirus crisis.
Business news, Cocoa & chocolate, Ingredients, New products, Packaging, Processing, Regulatory, Sustainability
Hershey releases latest sustainability report focusing on support for its entire supply chains
The US-headquartered Hershey Company has released its 2019 Sustainability Report, revealing progress on key areas including its responsible cocoa sourcing scheme and supply chain improvements to support African producing nations. Neill Barston reports
Hershey confirms $1million move producing face masks to tackle coronavirus
The US-based Hershey Company has confirmed plans to invest $1 million to acquire, install and staff a new manufacturing line dedicated to the production of face masks in response to tackling the ongoing coronavirus pandemic.
Business news, Cocoa & chocolate, Food safety, Ingredients, Processing, Sustainability
Hershey records positive financial year due to strong US market
The US-headquartered Hershey Company has confirmed annual sales of $7,986.3 million for 2019, up by 2.5% for the year, attributed to strong domestic sales.
CEO Michele Buck elected chairman of The Hershey Company
The Hershey Company has elected Michele Buck as chairman of the board of directors, effective immediately.