With a market cap of around $38 billion, The Hershey Company (HSY) is a leading global manufacturer of chocolate, non-chocolate confectionery, pantry items, and snacks. Operating through its North America Confectionery, North America Salty Snacks, and International segments, the company markets iconic brands like Hershey’s, Reese’s, Kit Kat, and SkinnyPop in over 80 countries.
Shares of the Hershey, Pennsylvania-based company have underperformed the broader market over the past 52 weeks. HSY stock has dropped 6.2% over this time frame, while the broader S&P 500 Index ($SPX) has gained 21.9%. However, shares of Hershey are up 10.7% on a YTD basis, outpacing SPX’s 7.8% rise.
