Based in Hershey, Pennsylvania, The Hershey Company (HSY) is a prominent leader in the global confectionery industry. With a market cap of $40.34 billion, it is known for its iconic chocolate products. Hershey offers a diverse range of snacks, including candy, mints, and gum, catering to individual consumers and large retailers worldwide.
HSY's shares have underperformed the broader market over the past 52 weeks. HSY has declined by 10.8% over this time frame, while the broader S&P 500 Index ($SPX) rallied 21.7%. In 2024, HSY is up 7% compared to SPX's 13.9% gains on a YTD basis.
