Financial Risk Management at Hersheys
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Case Details:
Case Code : FINA020
Case Length : 13 Pages
Period : 2003
Pub. Date : 2003
Teaching Note :Not Available
Organization : HERSHEY FOODS CORPORATION
Industry : Food
Countries : US
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Introduction1
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Hershey Foods, the world's third largest player in the candy business (behind #1
Mars and #2 Nestlé), made such well-known chocolate and candy brands as
Hershey's Kisses, Reese's peanut butter cups, Twizzlers licorice, Mounds and
Super Bubble gum. Hershey also made a variety of grocery goods - baking
chocolate, ice cream toppings, chocolate syrup, cocoa mix, and peanut butter.
Its products were sold throughout North America and exported overseas. The
Hershey Trust controlled approximately 77% of Hershey's voting power.
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Hershey's principal manufacturing facilities were in Hershey,
Pennsylvania, but it also had operations in Lancaster, Pennsylvania, as well as
in California, Illinois, Virginia, and at several overseas sites...
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