Hershey History Financial Report Analysis Company Profile

Financial report abstract of Hershey Foods corporation, Hershey Foods History\n\nINTRODUCTION\n\nHershey Foods Corporation is engaged, with its subsidiaries, in the manufacture, distribution and trade of confect store and mart products. The smart sets main(prenominal) product groups em draw a blankrass confectionery products sold in the skeleton of bar goods, bagged items and boxed items, as well as foodstuff products in the form of baking hot ingredients, coffee bean drink mixes, unimportant butter, dessert toppings and beverages. Hershey Foods manufactures confectionery products in a variety of encase forms and markets them low more than 50 shuffles. The different packaged forms implicate various arrangements of the resembling bar products, such 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, expectant and giant bars..\n\nThe Company likewise manufactures and/or markets mart products in the baking, beverage, peanut butter and toppings categories. adept products in the United States include Hersheys, Reeses and Heath baking pieces, Hersheys coffee berry draw mix, Hersheys deep brown, Hersheys Chocolate Shoppe screwball cream toppings, Hersheys Hot cocoa Collection hot cocoa mix, Hersheys syrup and Reeses peanut butter. Hersheys chocolate- and strawberry-flavored milks atomic number 18 produced and sold under permission by various dairies end-to-end the United States, using milk mixes manufactured by the Company.\n\nThe Companys products argon sold primarily to food product wholesalers, chain grocery stores, candy distributors, mass merchandisers, chain medicine stores, vending companies, wholesale clubs, thingamajig stores, concessionaires and food distributors by unspoiled-time sales representatives, food brokers and parttime retail sales merchandisers throughout the United States, Canada and Mexico. In 2002, sales to Wal-Mart Store s, Inc. and subsidiaries amounted to approximately 21% of Hershey Foods agree net sales.\n\nHershey Foods manufactures, imports, markets, sells and distributes chocolate products in brazil nut under the Hersheys brand name. Additional products in Brazil include IO-IO hazelnut 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 BALANCE winding-sheet\n\nASSETS\n\nTotal assets increased $233.1 million, or 7%, as of declination 31, 2002, primarily as a result of higher bills and cash equivalents, prepaid expenses and other(a) current assets, and other non-current assets, part offset by visit deferred income taxes, inventories, property, plant, and equipment, and goodwill.\n\nCurrent assets increased by $96.1 million, or 8%, p rimarily reflecting increased cash and...If you loss to get a full essay, order it on our website:

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