Brookside Chocolate’s Crunchy Clusters combine crispy multi-grain rice, toasted oats and graham crackers bits with fruit flavored centers, all covered in smooth dark chocolate.
The recent news from Nestlé USA and Hershey about their decisions to use natural and simpler ingredients certainly gave notice to many confectioners that the landscape has also changed for them.
“Making a difference is a Hershey core value and we are motivated when our business expertise and financial resources are able to make measurable, positive change," says Mike Wege, chief marketing and growth officer, The Hershey Co.
Deal extends Hershey’s Sweets & Refreshment manufacturing capacity in North America, adds famous Canadian confectionery brands to the Hershey portfolio.
Company points to nearly 6 percent volume growth in the quarter. However, higher commodity costs, especially dairy, reduce gross margins.
October 29, 2014
CEO and President John Bilbrey announced that The Hershey Co. made “good progress against our third-quarter objectives as net sales, retail takeaway and market share trends improved versus the first half of the year.”