HSY
- The Hershey Company
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Overview
Company Summary
The Hershey Company, commonly known as Hershey's, is a multinational corporation that produces and sells confectionery products. Founded in 1894 by Milton S. Hershey, the company is one of the largest chocolate manufacturers in the world. Hershey's primarily focuses on the production of chocolate bars, candies, chocolate syrup, chocolate spreads, and baking products.
Hershey's is widely recognized for its signature chocolate products, including Hershey's Milk Chocolate Bars, Reese's Peanut Butter Cups, Kit Kat bars, Twizzlers, Kisses, and various other chocolate and non-chocolate candies. The company also offers a range of products under different brand names to cater to the diverse preferences of its consumers.
In addition to its core confectionery business, Hershey's has expanded into the snack food industry and acquired several snack brands, such as Krave Jerky, SkinnyPop popcorn, and Pirate's Booty puffed snacks. This diversification has allowed the company to broaden its product portfolio and reach a wider consumer base.
Hershey's operates not only in the United States but also in multiple regions worldwide, with a presence in more than 80 countries. It sells its products through various channels, including retailers, wholesalers, convenience stores, and online platforms.
Apart from its focus on products, Hershey's is also committed to corporate social responsibility initiatives, particularly in the areas of education, community development, and environmental sustainability. The company's "Shared Goodness Promise" emphasizes ensuring the welfare and well-being of its employees, promoting sustainable practices throughout its supply chain, and supporting local communities.
Overall, The Hershey Company is dedicated to delighting consumers with quality confectionery and snack products while maintaining a responsible and sustainable approach to business.