hershey co/the (HSY) Key Developments
The Hershey Company Presents at Citi 2014 Global Consumer Conference, May-28-2014
May 26 14
The Hershey Company Presents at Citi 2014 Global Consumer Conference, May-28-2014 . Venue: Hilton New York, 1335 6th Ave, New York, NY 10019, United States.
The Hershey Company Announces Comeback of Krackel Bar
May 20 14
The Hershey Company announced that beginning now, Krackel Milk Chocolate with Crisped Rice Bar, a long-time consumer favorite, is no longer just a tasty miniature candy treat. For the first time in nearly 20 years - Krackel Milk Chocolate with Crisped Rice Bar is back as a full-size offering. The candy bar, which has only been available in Hershey's Miniatures Assortment bags, is now available as a "standard" 1.55-oz. bar, a 4-oz. "XL" bar, and a 6.5-oz. "Giant" bar. The "standard," "XL" and "Giant" Krackel Milk Chocolate with Crisped Rice Bars are now available nationwide at food, mass, drug and convenience stores, at a suggested retail price of $0.99, $1.69 and $1.99 respectively. The new version of the Krackel Milk Chocolate with Crisped Rice Bar and the updated Hershey's Miniatures Assortment will each be supported by a robust integrated marketing campaign that will continue through 2014.
Investors Reportedly Eye Russell
May 16 14
The Hershey Company (NYSE:HSY) and Yildiz Holding A.S. reportedly eye Russell Stover Candies, Inc. Hershey has submitted a $1 billion offer for the family-owned company, WSJ said citing sources familiar with the matter. Godiva owner, Yildiz Holding, and a host of private equity firms have also submitted bids for the company. According to CNBC, Hershey shares dropped about 1% in after-hours trading following the announcement.
The Hershey Company Announces Availability of Reese's Peanut Butter Cups in Brazil
May 15 14
The Hershey Company announced that its chocolate brand in the United States will be launching in Brazil. This month, Reese's Peanut Butter Cups, an iconic brand sold around the world, will be imported into the Brazilian market. The Reese's brand, which is the perfect combination of chocolate and peanut butter, comes in a one-of-a-kind cup format and will be available in local supermarkets in the south and southeast regions beginning in May 2014. Reese's Peanut Butter Cups will be available throughout major markets in Brazil beginning in May 2014 in a two-cup 42g version at a suggested price of BRL 2.49. Reese's Miniatures, a miniature version of the iconic peanut butter cup, will also be available in an 8g version for BRL 0.75.
Hershey Declares Quarterly Dividends, Payable on June 13, 2014
Apr 28 14
The Board of Directors of The Hershey Company announced quarterly dividends of $0.485 on the Common Stock and $0.435 on the Class B Common Stock. The dividends are payable June 13, 2014, to stockholders of record May 23, 2014.