Hershey Announces Retail Takeaway for the 4-Week Period Ended September 10, 2016
20 September 2016 - 10:05PM
Business Wire
The Hershey Company (NYSE: HSY) today announced retail takeaway1
and market share results for the 4-week period ended September 10,
2016. Earlier today, Nielsen provided CPG manufacturers and
subscribers with category growth, retail takeaway and market share
data for the same period. However, Nielsen has also communicated to
its subscribers and customers that certain data, including candy,
mint and gum (CMG) information, could be understated due to an
information tracking issue. Therefore, The Hershey Company believes
its internal proprietary custom database is a more accurate
reflection of its marketplace performance for this period. Total
Hershey U.S. retail takeaway1 per the company’s internal
proprietary custom database for the 4-week period ended September
10, 2016, in the expanded all outlet combined plus convenience
store channels (xAOC+C-store) increased about 1.9%, resulting in a
market share increase of 0.2 points.
1Includes candy, mint, gum, salty snacks, snack bars, meat
snacks and grocery.
About The Hershey
Company
The Hershey Company, headquartered in Hershey, Pa., is a global
confectionery leader known for bringing goodness to the world
through its chocolate, sweets, mints and other great-tasting
snacks. Hershey has approximately 21,000 employees around the world
who work every day to deliver delicious, quality products. The
company has more than 80 brands around the world that drive more
than $7.4 billion in annual revenues, including such iconic brand
names as Hershey's, Reese's, Hershey's Kisses, Jolly Rancher, Ice
Breakers and Brookside. Building on its core business, Hershey is
expanding its portfolio to include a broader range of delicious
snacks. The company remains focused on growing its presence in key
international markets while continuing to extend its competitive
advantage in North America.
At Hershey, goodness has always been about more than delicious
products. For more than 120 years, Hershey has been committed to
operating fairly, ethically and sustainably. Hershey founder,
Milton Hershey, created the Milton Hershey School in 1909 and since
then the company has focused on giving underserved children the
skills and support they need to be successful. Today, the company
continues this social purpose through 'Nourishing Minds,' a global
initiative that provides basic nutrition to help children learn and
grow. From neighborhoods across the United States to the streets of
Shanghai and Mumbai and villages of West Africa, our goal is to
nourish one million minds by 2020.
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version on businesswire.com: http://www.businesswire.com/news/home/20160920006041/en/
The Hershey CompanyFINANCIAL CONTACT:Mark
Pogharian, 717-534-7556orMEDIA CONTACT:Jennifer
Sniderman, 717-534-6275
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