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Stock impact report

Is Hershey Company a Buy? [The Motley Fool]

The Hershey Company (HSY) 
Last the hershey company earnings: 4/23 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
Hershey ( NYSE:HSY 00 coronavirus outbreak Let's see if shares of Hershey are an attractive harbor from the current storm given the health and future potential of the company. Image source: Getty Images. Strength in diversification Over the past few years, Hershey has been acquiring snack brands to diversify its revenue and drive growth. In 08, Hershey announced the largest deal in the company's history by acquiring Amplify Snack Brands for $.6 billion. Amplify includes high-performing offerings like SkinnyPop popcorn, Oatmega cookies, and Paqui chips. In Sept. 09, Hershey also acquired ONE Brands, a maker of nutrition bars, for about $00 million. Both of these acquisitions put Hershey firmly in the snack business, which the President of U.S. operations stated in 08 "will help achieve our bold vision to be an Innovative Snacking Powerhouse" -- diversifying the portfolio of products and driving growth in key areas. Hershey President and CEO Michele Buck stated during the fourth-quarte Show less Read more
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