| Address:
|
100 CRYSTAL A DRIVE
P O BOX 810-EXTERNAL RPTG & COMPLIANCE |
| City: |
HERSHEY |
|
State: |
PA |
|
Zip Code: |
17033-0810 |
| Telephone: |
717-534-4200 |
|
Description of Business
|
Primary SIC Code:
2060 |
| (As filed with the SEC)
|
|
|
The Hershey Company was incorporated under the laws of the State of Delaware on
October 24, 1927 as a successor to a business founded in 1894 by Milton S.
Hershey. In this report, the terms "Company," "we," "us," or "our" mean The
Hershey Company and its wholly-owned subsidiaries and entities in which it has a
controlling financial interest, unless the context indicates otherwise.
We are the largest producer of quality chocolate in North America and a global
leader in chocolate and sugar confectionery. Our principal product groups
include chocolate and sugar confectionery products; gum and mint refreshment
products; and pantry items, such as baking ingredients, toppings and beverages.
Reportable Segment
We operate as a single reportable segment in manufacturing, marketing, selling
and distributing various package types of chocolate and sugar confectionery
products, pantry items and gum and mint refreshment products under more than 80
brand names. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 09/2011 | 2.70 | 0.345 | 21.94 | | 06/2011 | 2.63 | 0.345 | 21.62 | | 03/2011 | 2.27 | 0.345 | 23.94 | | 12/2010 | 2.21 | 0.320 | 21.33 | | 09/2010 | 2.18 | 0.320 | 21.83 | | 06/2010 | 2.10 | 0.320 | 22.82 | | 03/2010 | 2.21 | 0.320 | 19.37 | | 12/2009 | 1.90 | 0.298 | 18.84 |
Key Financial Ratios and Statistics |
FYE:
12/31 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.16 | Total Liab/Total Assets | 0.79 | | Net Inc/Total Assets | 0.12 | Total Liab/Inv Cap | 1.25 | | Net Inc/Inv Cap | 0.19 | Total Liab/Comm Equity | -1.03 | | Pretax Inc/Net Sales | 0.14 | Interest Coverage Ratio | NA | | Net Inc/Net Sales | 0.09 | Curr Debt/Equity | 0.32 | | Cash Flow/Net Sales | 0.16 | LTD/Equity | 1.71 | | SG&A/NetSales | 0.25 | Total Debt/Equity | 2.03 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 12.66 | Quick Ratio | 1.13 | | Inventory Turnover | 6.18 | Current Ratio | 1.54 | | Inventory Day Sales | 0.02 | Net Rec/Curr Assets | 0.22 | | Net Sales/Work Cap | 8.03 | Inv/Curr Assets | 0.27 | | Net Sales/PP&E | 3.94 | | |
Income Statement (Millions) |
| |
10/2/2011
|
7/3/2011
|
4/3/2011
|
12/31/2010
|
|
Total Revenues(Net Sales)
|
1,624.25
|
1,325.17
|
1,564.22
|
1,482.81
|
|
Cost of Goods Sold
|
944.07
|
760.85
|
908.04
|
863.34
|
|
Selling & Admin Exps
|
356.88
|
345.92
|
377.80
|
391.23
|
|
Operating Income
|
321.12
|
228.35
|
276.55
|
227.89
|
|
Interest Exp
|
NA
|
NA
|
NA
|
NA
|
|
Pretax Income
|
298.08
|
205.00
|
252.07
|
200.25
|
|
Other Income
|
NA
|
NA
|
NA
|
NA
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
196.70
|
130.02
|
160.12
|
135.51
|
|
Assets
|
10/2/2011
|
7/3/2011
|
4/3/2011
|
12/31/2010
|
|
Cash & Short Term Investments
|
292.34
|
790.30
|
752.27
|
884.64
|
|
Receivables - Total
|
727.44
|
366.66
|
494.78
|
445.82
|
|
Inventories - Total
|
654.46
|
659.22
|
535.52
|
533.62
|
|
Total Current Assets
|
1,814.02
|
1,992.08
|
1,954.52
|
2,005.22
|
|
Net Property, Plant & Equipment
|
1,512.78
|
1,493.54
|
1,443.82
|
1,437.70
|
|
Total Assets
|
4,130.51
|
4,312.75
|
4,235.16
|
4,272.73
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
1,042.01
|
927.88
|
1,005.43
|
1,013.37
|
|
Debt in Current Liabilities
|
139.41
|
293.93
|
285.51
|
285.48
|
|
Total Current Liabilities
|
1,181.43
|
1,221.81
|
1,290.93
|
1,298.85
|
|
Long-Term Debt
|
1,498.86
|
1,541.39
|
1,540.92
|
1,541.83
|
|
Total Liabilities
|
3,202.83
|
3,300.49
|
3,359.74
|
3,370.42
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
27.01
|
33.43
|
33.57
|
35.29
|
|
Preferred Stock
|
0.00
|
0.00
|
0.00
|
0.00
|
|
Common Stock
|
359.90
|
359.90
|
359.90
|
359.90
|
|
Retained Earnings
|
4,633.16
|
4,512.16
|
4,458.21
|
4,374.72
|
|
Treasury Stock
|
-4,243.62
|
-4,110.53
|
-4,175.33
|
-4,052.10
|
|
Total Stockholders' Equity
|
927.67
|
1,012.26
|
875.42
|
902.32
|
|
Total Liabilities and Stockholders' Equity
|
4,130.51
|
4,312.75
|
4,235.16
|
4,272.73
|
Cash Flow Summary (Millions) |
|
Categories
|
10/2/2011
|
7/3/2011
|
4/3/2011
|
12/31/2010
|
|
Net Cash Provided by Operating Activities
|
-29.46
|
127.31
|
159.38
|
513.22
|
|
Net Cash Provided by Investing Activities
|
-65.57
|
-98.34
|
-87.18
|
-77.68
|
|
Net Cash Provided by Financing Activities
|
-402.93
|
9.06
|
-204.57
|
204.15
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 12/2006 | 4,944.23 | 559.06 | 2.34 | | 12/2007 | 4,946.72 | 214.15 | 0.93 | | 12/2008 | 5,132.77 | 311.40 | 1.36 | | 12/2009 | 5,298.67 | 435.99 | 1.90 | | 12/2010 | 5,671.01 | 509.80 | 2.21 | | Growth Rates | 3.49 | -2.28 | -1.42 |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 12/31/11 | 544 | 119,629 | 72.73 |
|
Report Date :
1/30/2012
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