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KIT KAT® Brand is Here to Protect Your Break in New Ad Campaign
Prnewswire· 2025-04-04 13:00
Group 1 - The core message of the campaign is to emphasize the importance of taking breaks in a busy world, with KIT KAT® positioning itself as a brand that facilitates these moments of pause [1][2][3] - The Break Brothers are introduced as characters that symbolize the brand's commitment to helping consumers enjoy distraction-free breaks, reinforcing the idea of a "real, crispy, creamy break" [2][3] - The campaign will debut during the NCAA Men's Championship Game on April 7, highlighting the brand's strategy to reach a wide audience through a major sporting event [4][5] Group 2 - The Hershey Company is a leading snacks company with over $11.2 billion in annual revenues, operating in approximately 70 countries and employing more than 20,000 people [6] - The company's portfolio includes well-known brands such as Hershey's, Reese's, Kisses, and Kit Kat®, as well as popular salty snacks like SkinnyPop and Dot's Homestyle Pretzels [6] - Hershey has a long-standing commitment to social responsibility, focusing on education and community support, which has been part of its mission for over 130 years [7]
SOUR PATCH KIDS® and J Balvin's Back to the Rayo Tour Partner to Launch an Exclusive Sour Egg Sweepstakes
Prnewswire· 2025-04-03 13:00
Group 1 - SOUR PATCH KIDS is collaborating with J Balvin to launch the SOUR PATCH KIDS® Sour Eggs x J Balvin Back to the Rayo Tour Sweepstakes, allowing fans to win various prizes including signed merchandise and candy [1][3] - The sweepstakes runs from April 3rd to April 20th, 2025, with winners announced on April 21st [1] - SOUR PATCH KIDS will have a presence at the Back to the Rayo Tour performance in Houston on April 17th, 2025, providing attendees with the opportunity to try SOUR PATCH KIDS Sour Eggs [4] Group 2 - The SOUR PATCH KIDS Sour Eggs are designed for Easter celebrations, featuring a black raspberry flavor and Easter-themed graphics, available for a suggested retail price of $3.49 for a 7.97 oz bag containing 18 snack-sized packs [5] - Mondelēz International, the parent company of SOUR PATCH KIDS, reported net revenues of approximately $36.4 billion in 2024, highlighting its position as a leader in the snacking industry with a diverse portfolio of brands [8]
Reese's Brand Pranked Fans on April Fool's--Now They're Revealing the Real Treat: PB&J Big Cups
Prnewswire· 2025-04-02 13:00
Core Insights - The Hershey Company has launched Reese's PB&J Big Cups, combining the classic flavors of peanut butter and jelly with chocolate, available in both strawberry and grape flavors [1][4][5] - The launch coincided with National PB&J Day and was preceded by a playful April Fool's prank suggesting the company would enter the sandwich business [3][5] - Reese's PB&J Big Cups are available in various pack sizes, including standard, king, and snack size multipacks, for a limited time [5][6] Company Overview - The Hershey Company is a leading snacks company with over 20,000 employees globally, generating more than $11.2 billion in annual revenues [7] - The company's product portfolio includes well-known brands such as Hershey's, Reese's, Kisses, Kit Kat®, and Jolly Rancher, as well as popular salty snacks like SkinnyPop and Dot's Homestyle Pretzels [7] - Hershey has a long-standing commitment to corporate responsibility, focusing on education and community support since its founding [8]
The Collab You Didn't Know You Needed: New HERSHEY'S KISSES Cinnamon Toast Crunch™ Flavored Candies Hit Shelves Nationwide
Prnewswire· 2025-03-31 13:00
Core Insights - The launch of Hershey's Kisses Cinnamon Toast Crunch™ flavored candies targets the growing demand for unique flavor combinations among Gen Z and Millennials, with 75% of this demographic expressing interest in such snacks [1][3] - The new product features a blend of smooth white creme, cinnamon sugar, and graham-flavored cookie bits, promising a delightful taste experience [2][3] - The limited-edition candies are positioned as ideal for various snacking occasions, enhancing the brand's appeal for family and social gatherings [3][4] Company Overview - The Hershey Company is a leading snacks company with over 20,000 employees globally, generating more than $11.2 billion in annual revenues [6] - The company's product portfolio includes well-known brands such as Hershey's, Reese's, Kisses, and Kit Kat®, alongside popular salty snacks like SkinnyPop [6] - Hershey has a long-standing commitment to corporate responsibility, focusing on community support and educational initiatives since its founding [7]
Tootsie Roll Industries: Sweet And Sour
Seeking Alpha· 2025-03-28 20:23
Group 1 - The article discusses the performance of Tootsie Roll Industries, highlighting its strong fundamental performance over the past two years [1] - The focus of the article is on the confectionery industry, particularly the growth and stability of Tootsie Roll Industries [1] Group 2 - Crude Value Insights provides an investment service centered on oil and natural gas, emphasizing cash flow and growth potential [2] - Subscribers have access to a stock model account and in-depth cash flow analyses of exploration and production firms [2]
Ready, Set, Egg! Reese's and Cadbury Partner with Jasmine Roth to Kick Off a Fun New Easter Tradition
Prnewswire· 2025-03-26 13:00
Core Insights - The Hershey Company is promoting a new Easter tradition called "egging," which involves surprising friends and family with festive treats and decorations, particularly featuring Reese's and Cadbury products [3][5][6] Group 1: Company Overview - The Hershey Company is an industry-leading snacks company with over 20,000 employees worldwide, generating more than $11.2 billion in annual revenues [7] - The company's portfolio includes iconic brands such as Hershey's, Reese's, Kisses, Kit Kat®, and Jolly Rancher, as well as popular salty snacks like SkinnyPop and Dot's Homestyle Pretzels [7] Group 2: Marketing Strategy - The campaign aims to inspire consumers to engage in "egging" by providing DIY ideas and tips through partnerships with influencers like Jasmine Roth [4][6] - The initiative encourages sharing experiences on social media to create a community around the new tradition, thereby enhancing brand visibility and consumer engagement [8] Group 3: Product Promotion - Reese's and Cadbury have over 14 seasonal egg-shaped products available for consumers to use in their "egging" activities [8] - The campaign emphasizes the fun and joy of surprising loved ones with Easter-themed decorations and treats, reinforcing the emotional connection to the brands [6][5]
United States Chocolate Forecast Report 2025: A $49.26 Billion Market in 2033, Driven by Increased Demand of Premium Chocolates, Healthier Chocolate, and Rising Usage of Chocolates as Gifts and Treats
Globenewswire· 2025-03-20 09:41
Core Insights - The United States chocolate market was valued at US$ 35.25 billion in 2024 and is projected to grow at a CAGR of 3.79%, reaching US$ 49.26 billion by 2033, driven by increased demand for premium and healthier chocolate options, as well as chocolates being used as gifts and treats [2][20]. Market Dynamics - The market is experiencing growth due to rising consumer interest in premium chocolates, with 67% of consumers purchasing premium chocolate sometimes and nearly 30% preferring it over lower-quality options [7]. - Seasonal events such as Valentine's Day, Halloween, and Christmas significantly boost chocolate sales, accounting for 64% of revenue from chocolate and candy sales [9][8]. Consumer Trends - There is a growing preference for dark chocolate due to its health benefits, including antioxidants that improve heart health and cognitive functions [12]. - The trend towards luxury chocolates is evident, with impulse purchases driven by attractive promotions and in-store displays [6]. Innovation and Product Development - Chocolatiers are innovating with new flavors and ingredients to cater to changing consumer tastes, incorporating exotic fruits, spices, and superfoods [10][11]. - The introduction of products like WholeFruit chocolate and green tea chocolate reflects the industry's response to modern consumer preferences [11]. Challenges - The chocolate market faces challenges from rising cocoa prices due to climate change and supply chain disruptions, which can impact production costs and profit margins [14]. - Health concerns regarding sugar content and obesity are prompting manufacturers to develop healthier alternatives, which may increase production costs [15]. Competitive Landscape - The acquisition of Foley's Chocolates by Puratos enhances its market position and aligns with its commitment to health, sustainability, and innovation [16]. - Key players in the market include Nestle S.A., The Hershey Company, Mondelez International, and Lindt, among others [19].
2 High-Yield Dividend Stocks to Buy Now
The Motley Fool· 2025-03-20 08:15
Group 1: Dollar General - Dollar General is a leading discount retail store with over 20,000 locations in the U.S. and Mexico, facing weak traffic trends due to high grocery prices [3] - Same-store sales grew 1.4% in fiscal 2024, but full-year earnings per share fell 32% year over year due to declining store traffic and higher costs [4] - Management aims to improve margins through supply chain enhancements and automation, targeting an operating margin of at least 6% by 2028 [5] - The company supports a quarterly dividend of $0.59, with a forward yield of 2.96%, which is more than double the S&P 500 average [6] Group 2: Hershey - Hershey is a dominant confectionery company facing uncertainty due to record-high cocoa prices, which have affected profitability and driven the stock down [7] - The company reported a slight sales increase of 0.3% in 2024, with adjusted earnings expected to decline by about 35% in 2025 due to high cocoa prices [8] - Management is focused on cost management to improve margins, and cocoa prices are expected to decline, which could positively impact stock performance [9] - Hershey's quarterly dividend is $1.37, with a forward yield of 3.20%, and the stock has rebounded 15% since cocoa prices peaked [12]
Rocky Mountain Chocolate Factory Appoints Brian Quinn to Its Board of Directors
Globenewswire· 2025-03-13 12:30
Core Viewpoint - Rocky Mountain Chocolate Factory Inc. has appointed Brian Quinn to its Board of Directors, enhancing its leadership with expertise in franchising and brand development [1][2][3]. Company Overview - Rocky Mountain Chocolate Factory, Inc. is a leading franchiser of premium chocolate and confectionary retail stores, known as America's Chocolatier™. The company has been producing a wide range of premium chocolates and confectionery products since 1981 [5]. - The company operates nearly 260 stores across the United States and has several international locations. It is recognized in Entrepreneur's Franchise 500 for 2025 and Franchise Times' Franchise 400 for 2024 [5]. Leadership Appointment - Brian Quinn, the new board member, has extensive experience in brand development, franchise expansion, and operational strategy. He is currently the Chief Development Officer at Sonesta International Hotels, where he significantly contributed to the company's growth from fewer than 100 locations to over 1,000 [2]. - Quinn's previous roles include leadership positions at major hospitality and franchising companies, where he was involved in revenue growth and franchise network development [3]. Strategic Alignment - Quinn's expertise in franchising and market expansion aligns with Rocky Mountain Chocolate's long-term vision to enhance brand presence and stimulate franchise store growth through strategic expansion [2][3].
Mind-Blowingly Fruity, Shockingly Crunchy: Jolly Rancher Freeze Dried Candy Has Entered the Chat
Prnewswire· 2025-03-12 13:05
Industry Overview - The freeze-dried candy market is projected to grow from $1.36 billion to nearly $2.4 billion by 2030, indicating a significant upward trend in consumer interest and sales [1] - The hashtag freezedriedcandy has garnered over 4.7 billion views on TikTok, highlighting its popularity as a social media phenomenon [1] Company Insights - Jolly Rancher is introducing freeze-dried versions of its popular flavors, including Green Apple, Blue Raspberry, and Watermelon, utilizing advanced freeze-drying technology to enhance flavor and texture [2][3] - The new Jolly Rancher Freeze Dried product is marketed as a unique snacking experience, described as a "total flavor revolution" that offers an unexpected and playful way to enjoy the brand [3] - Jolly Rancher Freeze Dried is available in a 3.1oz pack at retailers nationwide, suggesting a strategic move to capture market share in the growing freeze-dried candy segment [3] Company Background - The Hershey Company, which owns Jolly Rancher, is a leading snacks company with over $11.2 billion in annual revenues and a diverse portfolio of brands, including Hershey's, Reese's, and Kit Kat [5] - Hershey has a long-standing commitment to corporate responsibility and community support, with initiatives focused on education and child welfare [6]