2. Milton Hershey founded HCC in1894.
Milton Hershey established a Candy Store in
Philadelphia in 1876.
He started Lancaster Caramel Company which
was Successful.
In 1895 HCC was manufacturing more than
114 different varieties of chocolates.
In 1899 HCC was became the first American
company to make milk chocolate.
3. The Caramel Company was sold in 1900 for
US $ 1 million.
In 1900 Milton Hershey started Derry
Township in Pennsylvania.
In 1927 HCC was incorporated as Hershey
Chocolate Corporation.
In same year HCC went public by offering
350,000 shares of convertible preferred
stock.
4.
5. The Hershey Company, known until April 2005 as the
Hershey Foods Corporation and commonly called
Hershey's, is the largest chocolate manufacturer in North
America
According to Dec 2012 total full time employees are 12,100
and part time are 2,100
There are 91 chocolate products are manufacturing by them.
Total percentage of net sales increased to 9.3% comparing to
2011.
6. The total percentage of net sales out of us are
In 2010 14.6%
2011 15.6%
2012 16.1%
Total net sales increases from 2011 to 2012 is 6.1%
In 2012 dividend paid per each share is $ 1.56
According to 2011 the dividend amount is increased to
6.5%
7. Selling, marketing and administrative
expenses increased $226.0 million ( 15.3%) in
2012.
The increase was primarily a result of
increased advertising, marketing research
and consumer promotion expenses.
Because of this, 2012 EBIT has increased to
$83.8 from $49.2 million.
