Valued at a market cap of $36.2 billion, The Hershey Company (HSY) is a leading manufacturer of chocolate and non-chocolate confectionery products, as well as a variety of pantry items and snacks. The Hershey, Pennsylvania-based company operates through three segments: North America Confectionery; North America Salty Snacks; and International, with a diverse portfolio of well-known brands.
Shares of the chocolate bar and candy maker have underperformed the broader market over the past 52 weeks. HSY has declined 9.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 32.3%. In 2024, shares of HSY are down 4%, compared to SPX’s 24.7% increase on a YTD basis.
