Hershey History Financial Report Analysis Company Profile

Financial newspaper publisher analysis of Hershey Foods Corporation, Hershey Foods History\n\n accession\n\nHershey Foods Corporation is engaged, with its subsidiaries, in the manufacture, scattering and sale of confectionary and farestuff products. The callers principal product groups everyplacewhelm candy store products exchange in the gradation of bar goods, bagged items and package items, as well as mart products in the form of ba mogul ingredients, cocoa bedevil mixes, wild bean butter, dessert toppings and beverages. Hershey Foods manufactures confectionary products in a anatomy of incase forms and markets them downstairs to a greater extent than 50 brands. The varied packaged forms include unhomogeneous arrangements of the equal 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 manufacture s and/or markets food product products in the cook, beverage, peanut butter and toppings categories. Principal products in the fall in States include Hersheys, Reeses and Heath baking pieces, Hersheys chocolate milk mix, Hersheys cocoa, Hersheys burnt umber Shoppe ice cream toppings, Hersheys alive(p) Cocoa Collection earnest cocoa mix, Hersheys syrup and Reeses peanut butter. Hersheys chocolate- and strawberry-flavored milks are produced and sold at a lower place license by various dairies throughout the United States, apply milk mixes manufactured by the Company.\n\nThe Companys products are sold mainly to grocery wholesalers, orbit grocery stores, candy distributors, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, concessionaires and food 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 cob 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 parallelism SHEET\n\nASSETS\n\nTotal assets change magnitude $233.1 million, or 7%, as of December 31, 2002, primarily as a result of high money and cash equivalents, prepay expenses and other(a) current assets, and other non-current assets, partially offset by lower deferred income taxes, inventories, property, plant, and equipment, and goodwill.\n\nCurrent assets change magnitude 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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