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The company turns the supply chain on its head, so that the cocoa farmers--historically both exploited and marginalized far away at the remote African start of the supply chain--are the biggest ...
The Hershey Company was founded by Milton S. Hershey in 1894 as the Hershey Chocolate Company, originally established as a subsidiary of his Lancaster Caramel Company. The Hershey Trust Company owns a minority stake but retains a majority of the voting power within the company. [6] Hershey's chocolate is available in 60 countries. [7]
Prior to the report, Hershey’s stock was down about 10% for the year, making it an attractive acquisition target, according to Randal Kenworthy, consumer and industrial product lead at ...
Image source: Getty Images. Hershey's price-to-sales ratio (P/S) is currently around 3.8. The five-year average for that valuation metric is 4.1. The company's price-to-earnings ratio (P/E) is 22. ...
Hershey chocolate bars had their origin in Milton Hershey's first successful confectionery business, Lancaster Caramel Company, which was founded in 1886.After seeing German chocolate manufacturing machinery at the World's Columbian Exposition of 1893 in Chicago, Hershey decided to go into the chocolate making business. [2]
A prior company called Hershey Chocolate Corporation existed in the early 1920s when National City Bank took control of Hershey Chocolate Company.) On October 30, the company became a publicly traded company on the New York Stock Exchange. [9] The Cuban businesses held within the chocolate company were spun out into a wholly privately owned ...
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related to: hershey chocolate company value chain analysis