Hershey - Chocolate Manufacturer Benefits from Price Increases with Rising Margins!

Business drivers: Hershey (HSY) is among the leading chocolate manufacturers in the USA, thanks to well-known core brands like Hershey's, Hershey's Kisses, Reese's, KitKat (US license), Almond Joy, and Cadbury, and is also strong in the salty snacks segment. Recently, like many competitors, Hershey suffered from massive price increases in cocoa and sugar. However, the pricing pressure is now easing significantly, which offers the US industry leader strong prospects in its core operational business due to its diversified brand portfolio. On...