'Hershey History Financial Report Analysis Company Profile'

' financial report abstract of Hershey Foods Corporation, Hershey Foods History\n\n origin\n\nHershey Foods Corporation is engaged, with its subsidiaries, in the manufacture, distribution and deal of candy store and foodstuff proceedss. The Companys principal product groups include confectionery products sold in the form of stave off goods, bagged items and boxed items, as well up as marketplace products in the form of bake ingredients, coffee berry salute mixes, peanut butter, sweet toppings and beverages. Hershey Foods manufactures confectionery products in a conformation of package forms and markets them below more than 50 brands. The contrary packaged forms include various arrangements of the same block up products, such as boxes, trays and bags, as well as a variety of different sizes and weights of the same barricade products, such as snack size, standard, mogul size, large and whale bars..\n\nThe Company alike manufactures and/or markets food market prod ucts in the baking, beverage, peanut butter and toppings categories. header products in the fall in States include Hersheys, Reeses and heathland baking pieces, Hersheys chocolate milk mix, Hersheys cocoa, Hersheys coffee Shoppe ice salve toppings, Hersheys Hot cocoa Collection hottish cocoa mix, Hersheys sirup and Reeses peanut butter. Hersheys chocolate- and strawberry-flavored milks atomic number 18 produced and sold below license by various dairies end-to-end the exact together States, employ milk mixes construct by the Company.\n\nThe Companys products are sold originally to grocery wholesalers, fibril grocery stores, edulcorate distributors, mass merchandisers, chain drug stores, vend companies, wholesale clubs, thingumajig stores, concessionaires and food distributors by sound-time gross gross revenue representatives, food brokers and irregular 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 enlighten sales.\n\nHershey Foods manufactures, imports, markets, sells and distributes chocolate products in brazil nut to a demoralise place the Hersheys brand name. supererogatory products in Brazil include IO-IO hazelnut tree creme items and chocolate and confectionery products sold infra 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 residual SHEET\n\nASSETS\n\n jibe assets increase $233.1 million, or 7%, as of December 31, 2002, in the first place as a result of high immediate payment and bullion equivalents, prepaid expenses and some former(a) current assets, and other non-current assets, partially commencement ceremony by lower deferred income taxes, inventories, property, plant, and equipm ent, and goodwill.\n\nCurrent assets increased by $96.1 million, or 8%, in the main reflecting increased cash and...If you want to get a full essay, order it on our website:

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