Hershey Company (NYSE: HSY)

Confectioners · Hershey, PA, United States · Founded 1894

$35.0B

Market Cap

$8.15B

Revenue

20,000

Employees

$0.88B

Net Income

📊 Key Statistics for Hershey Company (HSY)

Market capitalization: $35.0 billion
Annual revenue: $8.15 billion
Net income: $0.88 billion
Employees: 20,000
Sector: Consumer Defensive
Headquarters: Hershey, United States
Founded: 1894

Source: Statvoo company profile for Hershey Company. Browse all 500+ companies

📋 About Hershey Company

The Hershey Company is North America's largest chocolate manufacturer, producing iconic brands including Hershey's, Reese's, Kit Kat (under US license), and Jolly Rancher. The company dominates the US confectionery market with roughly 35% market share. Hershey has also expanded into salty snacks through acquisitions of brands like SkinnyPop and Pirate's Booty.

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💰 How Hershey Company Makes Money

Hershey earns revenue from the manufacture and sale of chocolate, confectionery, and snack products through retail, wholesale, and e-commerce channels. The company's pricing power stems from brand loyalty and the impulse-purchase nature of confectionery.

📜 Key Milestones

Milton Hershey founded the company in 1894 in Pennsylvania, building not just a chocolate empire but an entire town around it. The Hershey Trust, which controls the company, was established to fund the Milton Hershey School for disadvantaged children. The acquisition of Amplify Snack Brands in 2018 marked Hershey's push into the better-for-you snacking category.

📊 Financial Overview

Market Capitalization	$35.0B
Annual Revenue	$8.15B
Net Income	$0.88B
Profit Margin	11%
Revenue per Employee	$407500K
Stock Exchange	NYSE
Ticker Symbol	HSY

Financial data is approximate and based on most recent annual filings.

💡 Did You Know?

The Hershey Trust controls the company through a dual-class share structure, making hostile takeovers virtually impossible—Mondelez tried and failed in 2016. Reese's Peanut Butter Cups is the best-selling candy brand in the United States, outselling the Hershey bar itself.

📝 Analyst Take

Hershey's cocoa cost headwinds are severe, with prices hitting multi-decade highs that pressure margins. The brand portfolio is bulletproof, but the stock needs commodity relief to work from current levels.

❓ Frequently Asked Questions