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News Breaks | | | | January 31, 2013 | | 07:19 EDT |  | HSY | Hershey reports Q4 gross margin 43.1%, sees 2013 gross margin expansion
The company said, "As stated in October, gross margin is expected to increase in 2013, driven by productivity, cost savings initiatives and overall input cost deflation. Therefore, the Company expects 2013 adjusted gross margin expansion of 180 to 200 basis points." | |
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News For HSY From The Last 14 Days Check below for free stories on HSY the last two weeks. |
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| May 21, 2013 | | 05:53 EDT |  | HSY | Hershey to launch Chinese brand, WSJ reports
Hershey Co. is rolling out a Chinese brand designed for the world's fastest-growing candy market, reports the Wall Street Journal. In a first launch beyond the U.S. market, the company plans to spend "several million dollars" marketing three kinds of the condensed-milk candy to gain a share of China's market for milk candy, which Hershey estimated at $1.2B. Reference Link | |
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