Companies · HSY
Hershey
AI-generated · informational only · not investment advice · verify before relying.
Latest analysis
Updated Sep 2, 2026
Hershey names Dave Hulays as CFO; Voskuil transitions to strategic projects, retiring Q1 2027.
Dave Hulays, who has held progressively senior finance roles across Hershey's business units and functions since 2012, assumes the CFO position effective September 2, 2026. Hulays brings nearly 30 years of financial leadership spanning Hershey and 15 years at Procter & Gamble across commercial, supply chain, strategy, and enterprise transformation. Departing CFO Steven Voskuil, who led Hershey's finance organization for seven years, will serve as Senior Vice President of Strategic Projects through his retirement in Q1 2027, ensuring continuity on key company initiatives. This is a succession event with no material business impact disclosed.
Tone: neutralRevenue
$11.7B
HSY 10-K · FY 2025
Employees
19,595
Revenue FY2024
$11.2B
Founded
1894
Profile
HSY 10-K Item 1 · Feb 17, 2026The Hershey Company is the largest producer of quality chocolate in North America and a leading snack maker in the United States. The company markets, sells, and distributes products under more than 85 brand names across approximately 65 countries. Its portfolio spans chocolate and non-chocolate confectionery, salty snacks, gum, mints, protein bars, and pantry items.
Read filing description ↓ Collapse description ↑
Hershey is a global confectionery leader known for making more moments of goodness through chocolate, sweets, mints, and other great tasting snacks. We are the largest producer of quality chocolate in North America, a leading snack maker in the United States and a global leader in chocolate and non-chocolate confectionery. We market, sell, and distribute our products under more than 85 brand names in approximately 65 countries worldwide. Our principal product offerings include chocolate and non-chocolate confectionery products; gum and mint refreshment products and protein bars; snack items such as popcorn, pretzels, spreads, snack bites and mixes; and pantry items, such as baking ingredients, toppings, and beverages. The Company reports its operations through three segments: North America Confectionery, North America Salty Snacks, and International. The North America Confectionery segment covers traditional chocolate and non-chocolate confectionery, gum, refreshment products, protein bars, spreads, snack bites and mixes, and pantry and food service lines, including retail operations at Hershey's Chocolate World stores. The North America Salty Snacks segment covers ready-to-eat popcorn, baked and trans fat-free snacks, pretzels, and other snacks. The International segment encompasses operations in Mexico, Brazil, India, and Malaysia, with distribution across export markets in Asia, Latin America, the Middle East, Europe, Africa, and other regions.
Primary products
- Hershey's chocolate
- Reese's
- Kisses
- Jolly Rancher
- Almond Joy
- Brookside
Business segments
End markets
Geographies
Named customers
In 2025, approximately 27% of our consolidated net sales were made to McLane Company, Inc., one of the largest wholesale distributors in the United States to convenience stores, drug stores, wholesale clubs and mass merchandisers and the primary distributor of our products to Wal-Mart Stores, Inc.
“Many of our confectionery and salty snack brands enjoy wide consumer acceptance and are among the leading brands sold in the marketplace in North America and certain international markets.” Competitive position, as stated in the filing
Revenue commentary · FY 2025
Net sales increased from $11.20 billion in 2024 to $11.69 billion in 2025, with the MD&A noting net sales growth despite persistent inflationary pressures and elevated commodity costs.
The rest of HSY is for subscribers
Analysis, signals, diligence answers, M&A activity and every quote, each citing the filing it came from.