SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                 ----------------
                                    FORM 8-K


                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


Date of Report (Date of earliest event reported): December 28, 1999
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                    HERSHEY FOODS CORPORATION
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      (Exact name of registrant as specified in its charter)


     Delaware                        1-183             23-0691590
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(State or other jurisdiction       (Commission     (I.R.S. Employer
  of incorporation)                 File Number)    Identification No.)


     100 Crystal A Drive, Hershey, Pennsylvania                17033
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(Address of principal executive offices)                     (Zip Code)


Registrant's telephone number, including area code:   (717) 534-6799
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                      INFORMATION TO BE INCLUDED IN REPORT



Item 5.  Other Events
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         On December 28, 1999,  Hershey Foods  Corporation  (the  "Corporation")
announced that its sales in December 1999 will be lower than expected,  and that
its earnings per share for the fiscal year ending December 31, 1999,
might be below  market  expectations.  Earnings  per share for the year could be
$.10 per share  below  previous  expectations  of $2.16 to $2.20 per  share,  as
announced  on October 25,  1999.  The press  release  dated  December  28, 1999,
announcing the  Corporation's  expectations  regarding fiscal year earnings,  is
incorporated herein by reference, and a copy is filed herewith as Exhibit 99.


                                    SIGNATURE



         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this report to be signed on its behalf by the
undersigned thereunto duly authorized.

Dated:  January 4, 2000


                            HERSHEY FOODS CORPORATION




                                       By /s/ William F. Christ
                                         -----------------------
                                           William F. Christ
                                           Senior Vice President,
                                           Chief Financial Officer and Treasurer















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                               Exhibit Index


Exhibit No.         Description


   99               Press Release dated December 28, 1999































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