Hershey History Financial Report Analysis Company Profile

Financial subject field analysis of Hershey Foods Corporation, Hershey Foods History\n\n installation\n\nHershey Foods Corporation is engaged, with its subsidiaries, in the manufacture, diffusion and sale of confectionary and marketplace products. The callers principal product groups let in confectionery products change in the cultivate of bar goods, bagged items and encase items, as well as market place products in the form of ba magnate ingredients, coffee crisp mixes, peanut vine c all over, dessert toppings and beverages. Hershey Foods manufactures confectionery products in a diversity of case forms and markets them on a lower floor more(prenominal) than 50 brands. The distinguishable packaged forms include several(a) arrangements of the equal bar products, such(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 als o manufactures and/or markets market place products in the cook, beverage, peanut butter and toppings categories. Principal products in the linked States include Hersheys, Reeses and Heath baking pieces, Hersheys chocolate milk mix, Hersheys cocoa, Hersheys gamy chocolate Shoppe ice cream toppings, Hersheys yearning Cocoa Collection hot 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, victimisation milk mixes manufactured by the Company.\n\nThe Companys products are sold to begin with to grocery wholesalers, string grocery stores, candy distributors, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, concessionaires and intellectual nourishment distributors by full-time gross revenue 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 amounted 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 black-backed gull 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 over 90 countries worldwide.\n\nANALYSIS OF commensurateness SHEET\n\nASSETS\n\nTotal assets increase $233.1 million, or 7%, as of December 31, 2002, primarily as a result of high cash and cash equivalents, prepay expenses and some other 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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