Financial Risk Management at Hersheys
| Case Code: FINA020 Case Length: 13 Pages Period: 2003 Pub Date: 2003 Teaching Note: Not Available |
Price: Rs.300 Organization: Hershey Foods Corporation Industry: Food Countries: US Themes: Banking and Financial Management, Microfinance |
Abstract Case Intro 1 Excerpts
Introduction
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. 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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