Hershey Company News & Media

Hershey posts sales and earnings gains for Q1 2021, surpasses expectations

April 29, 2021

The Hershey Co.'s net sales rose 12.8% from $2.04 billion in Q1 2020 to $2.29 billion in Q1 2021, resulting in net income including noncontrolling interest…

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Hershey introduces Organic Reese’s Peanut Butter Cups

February 22, 2021

Hershey Co. has introduced Organic Reese's Peanut Butter Cups in dark and milk chocolate, according to a press release.

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Hershey invests in plant-based startup to grow better-for-you category

February 18, 2021

The Hershey Co. is teaming up with ASR Group, a sweetener company, to co-lead an equity investment in Bonumose, Inc., a start-up company with innovations in…

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Hershey Q4 2020 sales and earnings rise, surpassing market expectations

February 4, 2021

The Hershey Co.'s net sales rose 5.7% from $2.068 billion in last year's fourth quarter to $2.18 billion for the quarter ending Dec. 31, 2020, according to an…

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Hershey boosts Q3 sales and earnings, beats market expectations

November 6, 2020

The Hershey Co.'s consolidated net sales rose 4% from $2.13 billion in last year's third quarter to $2.22 billion in the third quarter ending Sept. 27, 2020…

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Hershey invests in natural foods provider Quinn

October 29, 2020

Quinn, a natural foods snack company, has closed on additional Series D funding including an undisclosed minority investment from The Hershey Co. in addition…

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Hershey Q2 earnings stay flat on COVID-19 sales hit

July 23, 2020

The Hershey Co. remained flat during the second quarter after a dip in sales caused by COVID-19, but managed to beat consensus earnings estimates. The company…

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Hershey to invest $89M in fulfillment facility, add 500 jobs

July 17, 2020

The Hershey Co. plans to build an 833,000-square-foot fulfillment facility in South Annville Township, Pennsylvania that will include 500 new employees…

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Hershey investing $135M to expand Virginia plant, adding 100-plus jobs

June 30, 2020

The Hershey Company will invest $135 million to expand its manufacturing operation in Augusta County, Virginia, according to a press release. The company will…

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Sonoma Brands completes acquisition of KRAVE from Hershey

May 5, 2020

Sonoma Brands has completed the acquisition of KRAVE, a jerky brand, from the Hershey Company for an undisclosed sum, according to a press release.

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Hershey reports 1% Q1 net sales gain, withdraws 2020 guidance

April 23, 2020

The Hershey Company reported consolidated net sales of $2,037.3 million, an increase of 1.0% for the first quarter ended March 29, 2020, the company announced…

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