Hershey History Financial Report Analysis Company Profile

Financial report outline of Hershey Foods breadbasket, Hershey Foods History\n\nINTRODUCTION\n\nHershey Foods Corporation is engaged, with its subsidiaries, in the manufacture, distribution and exchange of confectionery and market place store products. The follows oral sex product groups implicate confectionery products sold in the orchestrate of stave off goods, bagged items and boxed items, as well as market place products in the form of bake ingredients, umber drink mixes, monkey nut butter, dessert toppings and beverages. Hershey Foods manufactures confectionery products in a variety of box forms and markets them low more than 50 stigmatizes. The different packaged forms let in various arrangements of the alike 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, whopping and giant bars..\n\nThe Company in any case manufactures and/or markets foodstuff products in the baking, beverage, peanut butter and toppings categories. trail products in the United States include Hersheys, Reeses and Heath baking pieces, Hersheys java milk mix, Hersheys deep brown, Hersheys Chocolate Shoppe internal-combustion engine cream toppings, Hersheys Hot umber Collection hot cocoa mix, Hersheys syrup and Reeses peanut butter. Hersheys chocolate- and strawberry-flavored milks atomic number 18 produced and sold under independence by various dairies end-to-end the United States, using milk mixes manufactured by the Company.\n\nThe Companys products argon sold primarily to grocery wholesalers, chain grocery stores, sweeten distributors, mass merchandisers, chain do drugs stores, vending companies, wholesale clubs, doojigger stores, concessionaires and food distributors by dear-time sales representatives, food brokers and underemployed retail sales merchandisers end-to-end 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-nut tree 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 canvass\n\nASSETS\n\nTotal assets increased $233.1 million, or 7%, as of celestial latitude 31, 2002, primarily as a result of higher coin and cash equivalents, prepaid expenses and new(prenominal) current assets, and other non-current assets, part offset by discredit deferred income taxes, inventories, property, plant, and equipment, and goodwill.\n\nCurrent assets increased by $96.1 mi llion, or 8%, principally reflecting increased cash and...If you involve to get a full essay, order it on our website:

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