date:Jul 31, 2012
-to-market capabilities in both the US and international markets, Bilbrey added.
The company increased prices by 6.6% during the quarter, which accounted for most of the sales rise, although the volume dipped 1.1%.
Hershey noted that it expects the sales contribution from price increases and volume to be more balanced during the rest of the year.
For the full year 2012, Hershey anticipates adjusted net earnings to increase 12%-14%, up from its previous estimate of 9%-11%, but the projected sal