2017 2Q PERFORMANCE
HERSHEY Unwrapped
Consumers continue to be delighted by OUR CORE BRANDS AND INNOVATION, as evidenced by our solid U.S. retail takeaway and seasonal performance this quarter. We are increasing investments to strengthen and expand our business while delivering strong
“ operating profit and gross margin expansion in a rapidly evolving marketplace.
– MICHELE BUCK, PRESIDENT AND CHIEF EXECUTIVE OFFICER, THE HERSHEY COMPANY
WE’RE GROWING IN A
RAPIDLY CHANGING $
“
MARKETPLACE: Digital Path to Emerging Customer
Millennials Transformation Purchase Brands Consolidation
PERFORMANCE SUMMARY OUR VISION: INNOVATIVE SNACKING POWERHOUSE
$ 1.66BILLION
NET SALES
REIGNITING CORE
+1.8% in constant currency
and expanding in snacking $ 0.95 Actively reallocating | REPORTED EPS—DILUTED +39.7% resources to
$ 1.09
ADJUSTED EPS—DILUTED +28.2%
GLOBAL HIGHLIGHTS
CONSOLIDATED NET SALES IMPROVED
NORTH AMERICA INTERNATIONAL & OTHER
FUEL OUR BUSINESS
+2.5%
NET SALES NET SALES
%
INCREASE*
Investing in
DECREASE*
PEOPLE, BRANDS, CAPABILITIES AND TECHNOLOGY
*In constant currency
LOOKING AHEAD
Driving more from Fewer, bigger, better, Focusing on the Expanding from the Core Faster Innovation Box and Beyond Treat to Fuel
FOR MORE INFORMATION
We present both GAAP and non-GAAP financial measures as we believe doing so provides additional
@ FINANCIAL CONTACT MARK POGHARIAN MPOGHARIAN@HERSHEYS.COM
information to investors to facilitate the comparison of past and present operations. See our 2Q earnings @ MEDIA CONTACT JENNIFER SNIDERMAN JSNIDERMAN@HERSHEYS.COM press release for additional information and a reconciliation of GAAP and non-GAAP measures. |