With a market cap of $34.6 billion, The Hershey Company (HSY) is a leading global manufacturer of chocolate, non-chocolate confectionery, salty snacks, and pantry items, with operations spanning approximately 80 countries. It operates through three reportable segments: North America Confectionery; North America Salty Snacks; and International.
Shares of the Hershey, Pennsylvania-based company have underperformed the broader market over the past 52 weeks. HSY has dropped 14.6% over this time frame, while the broader S&P 500 Index ($SPX) has gained 8.6%. However, shares of Hershey are up marginally on a YTD basis, outpacing SPX’s 3.8% decrease.
