date:Jul 31, 2012
Net sales increased 6.7% to $1.41bn, compared to $1.33bn in 2011.
Hershey president and chief executive officer John P Bilbrey said that despite challenging global macroeconomic conditions, the company was able to deliver profitable and sustainable growth due to the investments made in the business over the last few years.
Over the remainder of the year we expect SMA expenses, excluding advertising, to increase at about the same rate as we continue to make planned investments in marketing and go