Hershey Company 2026 Investor Day Summary Company Overview - **Company**: The Hershey Company (NYSE: HSY) - **Event**: 2026 Investor Day - **Date**: March 31, 2026 - **Location**: New York Stock Exchange Core Industry Insights - **Industry**: Snacking and Confectionery - **Market Trends**: The snacking category has shown resilience, maintaining growth rates of 2%-3% even during economic pressures, driven by better-for-you and functional segments as well as emotional categories like chocolate [30][31] Key Strategic Points 1. **Three Cs of Success**: - **Consumer Obsession**: Focus on exceeding consumer expectations [11] - **Customer Partnerships**: Building trust with retail partners for mutual growth [11] - **Colleague Investment**: Investing in employee development and capabilities [11] 2. **Next-Generation Snacking Strategy**: - Hershey aims to lead in the next generation of snacking with a strong foundation for growth [12] - Focus on core brands and innovation, particularly in permissible snacking [13][14] 3. **Investment Focus**: - Significant investments in IT and supply chain modernization to enhance agility and efficiency [13][20] - Portfolio reinvigoration through core innovation and expansion into high-growth areas [13][14] 4. **International Growth**: - Targeting high-growth markets such as Canada, Mexico, Brazil, Europe, and the U.K. [15] - Building a $300 million international business with the Reese's brand [15] 5. **Consumer Trends**: - Increasing focus on health and wellness, with a shift towards premiumization and functional snacks [16] - Emphasis on digital engagement and omnichannel execution to reach Gen Z consumers [16] Financial Performance and Projections - **Revenue Growth**: - Projected organic net revenue growth of 2%-4% for 2026 and 2027, with double-digit EPS growth [27][28] - Long-term balanced revenue growth algorithm targeting 6%-8% EPS growth by 2028 [28] Portfolio and Innovation 1. **Maximizing Core Brands**: - Focus on modernizing brand building and leveraging portfolio effectiveness [30][33] - Plans to scale next billion-dollar brands through targeted innovation [30][33] 2. **Emerging Trends**: - Capitalizing on premiumization, functional snacking, and multisensory experiences [48][49] - Introduction of new product formats and flavors to meet evolving consumer preferences [49][50] 3. **M&A Strategy**: - Targeted acquisitions to fill capability gaps and enter new categories, such as the recent addition of LesserEvil [52] Supply Chain and Operational Excellence - **Supply Chain Modernization**: - Investments in technology and automation to enhance service levels and efficiency [23][24] - Focus on precision demand fulfillment as a competitive advantage [23] Marketing and Commercial Strategy 1. **ONE Hershey Model**: - A unified approach to commercial excellence that integrates the entire snacking portfolio [22][59] - Emphasis on availability, affordability, and activation at retail [57] 2. **Brand Activation**: - Leveraging cultural moments and seasonal events to drive brand engagement and sales [75] - Successful campaigns like Reese's Oreo launch demonstrating effective consumer resonance [36][67] Conclusion - **Future Outlook**: - Hershey is positioned for sustained long-term growth through a diversified portfolio focused on high-growth segments, strategic investments, and a robust supply chain [28][53] - The company aims to capture significant market opportunities while enhancing shareholder value through innovative strategies and operational excellence [28][29]

Core Insights - The Hershey Company has completed the acquisition of LesserEvil, enhancing its portfolio of better-for-you snacks and expanding its manufacturing capacity [1][3][4] Group 1: Acquisition Details - The acquisition of LesserEvil adds a high-growth brand known for organic snacks that align with consumer demand for healthier options [1][2] - LesserEvil's product line includes organic popcorn and puffs made with premium ingredients, categorized as USDA Organic and non-GMO [2][4] - The acquisition is part of Hershey's strategy to diversify its offerings and meet the growing consumer preference for better-for-you snacking [5][6] Group 2: Strategic Fit - LesserEvil complements Hershey's existing brands, including its well-known confectionery products and salty snack brands like SkinnyPop and Dot's Homestyle Pretzels [4][6] - The salty snack portfolio has shown significant growth, expanding 1.5 times faster in 2024 compared to the previous three years, indicating a strategic focus on this category [4] Group 3: Leadership and Operations - The leadership team at LesserEvil will remain in place to continue driving innovation and maintaining product quality [6] - The combined teams will focus on delivering growth and insights to ensure the right products are available to consumers at the right time [6] Group 4: Company Overview - The Hershey Company generates over $11.2 billion in annual revenues and operates in approximately 70 countries, with a diverse portfolio of iconic brands [8][9] - Hershey has a long-standing commitment to responsible operations and community support, dating back over 130 years [9]

We have a big order coming up. We're uh buying ice breakers. Uh we're building them together for the most part.Uh we're doing four over there and seven over here. And we negotiated a pretty tough price. I think we're buying the finest ice breakers uh in the world.And Finland's known for making them. They sort of have almost a monopoly on ice breakers if you think about it. Nobody makes them like Finland.I've heard that for a long time. So we're going to have a total of 11. And I think the reason that we've ...

Core Insights - The Hershey Company has appointed Natalie Rothman as Chief Human Resources Officer, effective August 18, 2025, to lead its global HR function [1][3] - Rothman has over 25 years of HR experience and is recognized for her ability to build high-performing teams and modernize HR operations across various industries [2][3] 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 from over 90 brand names in approximately 80 countries [5] - The company is committed to ethical and sustainable operations, with a long history of supporting education through initiatives like the Milton Hershey School [6] Leadership Experience - Rothman previously served as CHRO at Inspire Brands, where she implemented business process automation and AI tools to modernize HR operations [3] - At Advance Auto Parts, she led efforts to drive cultural change and enhance organizational capabilities through technology [3][4] Professional Affiliations - Rothman is a member of the New York and New Jersey Bar and the Human Resources Policy Association, and serves on the boards of Udemy and Pearce Services [4]

Core Insights - The Hershey Company has appointed Stacy Taffet as Chief Growth Officer, effective April 14, 2025, to drive transformative growth strategies across its expanding snacks portfolio [1][3] - Taffet brings 20 years of leadership experience, including 15 years in consumer-packaged goods, with a notable career at PepsiCo [1][2] - The appointment aligns with Hershey's commitment to accelerate growth and strengthen its position in the competitive global snacking market [3] 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 [5] - The company's portfolio includes iconic brands such as Hershey's, Reese's, Jolly Rancher, and Dot's Homestyle Pretzels, alongside popular salty snacks like SkinnyPop [5] - Hershey has a long-standing commitment to community impact, with a focus on education through initiatives like the Milton Hershey School [6]

Core Insights - The Hershey Company has appointed Tiffany Menyhart as Chief Customer Officer, effective March 17, 2025, to lead the U.S. Confection sales team [1][2] - Menyhart brings 30 years of sales and consumer packaged goods experience, with 15 years specifically in the confectionery sector, and has a strong track record in driving profitable growth and transforming retail partnerships [2][3] - The company aims to enhance its position as a leading snacking powerhouse under Menyhart's leadership, focusing on meeting the evolving needs of retail partners and consumers [2][3] Company Overview - The Hershey Company is recognized as an industry leader in snacks, generating over $11.2 billion in annual revenues from more than 90 brand names across approximately 80 countries [3] - The company employs over 20,000 individuals globally, committed to delivering high-quality products and maintaining ethical and sustainable operations [3][4] - Hershey has a long-standing commitment to social responsibility, including educational initiatives through the Milton Hershey School, established in 1909 [4]