Hershey History Financial Report Analysis Company Profile

Financial theme analysis of Hershey Foods Corporation, Hershey Foods History\n\n admittance\n\nHershey Foods Corporation is engaged, with its subsidiaries, in the manufacture, distribution and sale of confectionary and provender product products. The phoners principal product groups take on confectionary products exchange in the clay of bar goods, bagged items and encase items, as well as market products in the form of ba fag ingredients, hot chocolate beverage mixes, potato bean butter, dessert toppings and beverages. Hershey Foods manufactures confectionary products in a pastiche of case forms and markets them under(a) to a greater extent than 50 brands. The variant packaged forms include divers(a) arrangements of the akin bar products, much(prenominal) as boxes, trays and bags, as well as a variety of different sizes and weights of the same bar products, such as snack size, standard, king size, large and giant bars..\n\nThe Company also manufactures and/or markets grocery products in the cook, beverage, peanut butter and toppings categories. Principal products in the unite States include Hersheys, Reeses and Heath baking pieces, Hersheys chocolate milk mix, Hersheys cocoa, Hersheys umber Shoppe ice cream toppings, Hersheys spicy Cocoa Collection alive(p) cocoa mix, Hersheys syrup and Reeses peanut butter. Hersheys chocolate- and strawberry-flavored milks are produced and sold under license by various dairies throughout the United States, utilize milk mixes manufactured by the Company.\n\nThe Companys products are sold originally to grocery sweepingrs, fibril grocery stores, candy distributors, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, concessionaires and food distributors by full-time gross sales representatives, food brokers and part-time retail sales merchandisers throughout the United States, Canada and Mexico. In 2002, sales to Wal-Mart Stores, Inc. and subsidiaries amou nted to approximately 21% of Hershey Foods total net sales.\n\nHershey Foods manufactures, imports, markets, sells and distributes chocolate products in Brazil under the Hersheys brand name. Additional products in Brazil include IO-IO hazel tree creme items and chocolate and confectionery products sold under the Visconti brand name. In China, Japan, Korea and the Philippines, the Company imports and/or markets selected confectionery and grocery products. It also markets confectionery and grocery products in everywhere 90 countries worldwide.\n\nANALYSIS OF labyrinthine sense SHEET\n\nASSETS\n\nTotal assets change magnitude $233.1 million, or 7%, as of December 31, 2002, primarily as a result of high coin and cash equivalents, prepaid expenses and new(prenominal) current assets, and other non-current assets, partially offset by lower deferred income taxes, inventories, property, plant, and equipment, and goodwill.\n\nCurrent assets increase by $96.1 million, or 8%, principally reflecting increased cash and...If you want to get a full essay, order it on our website:

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