Who Owns Hershey's?
Hershey's is owned by The Hershey Company, a publicly traded American multinational chocolate and confectionery company founded by Milton Hershey in 1894. Hershey trades on NYSE under ticker HSY and is headquartered in Hershey, Pennsylvania, USA.
Parent Company
The Hershey Company
Founded
1900
Status
Publicly Traded
Headquarters
Hershey, Pennsylvania, USA
Who Owns Hershey's?
- Parent Company: The Hershey Company
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: NYSE: HSY
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Hershey's | The Hershey Company | Wholly owned |
History of Hershey's
- Founded: 1900
- Founders: Milton Hershey
Hershey's chocolate was first introduced in 1900 by Milton Hershey at his Lancaster, Pennsylvania confectionery company. This founding vision demonstrated exceptional insight into the growing demand for food beverage solutions while establishing a distinctive approach that would define the food beverage category for generations. Hershey had previously found success with caramels but became fascinated with chocolate-making equipment at the 1893 World's Columbian Exposition. This strategic positioning demonstrated Hershey's's exceptional ability to create differentiated food beverage solutions while maintaining consistent brand positioning and quality standards that would define the brand for decades.
The first Hershey's Milk Chocolate bar was introduced in 1900, using a unique process that made chocolate affordable for ordinary Americans. This period of excellence demonstrated Hershey's's exceptional ability to scale operations while maintaining consistent brand positioning and quality standards across multiple food beverage segments. Hershey's Kisses were introduced in 1907, named for the "kissing" sound made by the chocolate depositing machine. This strategic diversification demonstrated Hershey's's exceptional ability to serve multiple consumer segments while maintaining its core brand identity and market leadership in the food beverage industry.
In 1903, Hershey began construction of a new chocolate factory in Derry Church, Pennsylvania, which later became Hershey, Pennsylvania. This continued evolution demonstrated Hershey's's exceptional ability to maintain market relevance while adapting to changing food beverage requirements and consumer preferences. The town was built by Hershey to support the factory and employee community. This continued excellence demonstrates Hershey's's exceptional ability to maintain market leadership while adapting to changing food beverage dynamics and regulatory requirements. This strategic integration demonstrated Hershey's's exceptional ability to integrate into larger food corporations while maintaining its core brand identity and cultural significance in the chocolate industry.
Throughout the 20th century, Hershey's expanded its product line with innovations like Hershey's Syrup (1926), Hershey's Cookies 'n' Creme (1994), and numerous other chocolate confections. This continued evolution demonstrated Hershey's's exceptional ability to maintain market relevance while adapting to changing food beverage requirements and technological advancements. The brand became synonymous with American chocolate culture. This strategic partnership demonstrated Hershey's's exceptional ability to leverage corporate resources while maintaining its distinct food beverage identity and market leadership.
Today, Hershey's remains one of America's most recognized and beloved chocolate brands, available in over 90 countries worldwide and maintaining its position as a leader in the North American confectionery market. This continued success represents a significant milestone in the evolution of chocolate and consumer-focused food solutions. This continued evolution demonstrated Hershey's's exceptional ability to maintain market relevance while adapting to changing food beverage requirements and technological advancements. This strategic partnership demonstrated Hershey's's exceptional ability to leverage corporate resources while maintaining its distinct food beverage identity and market leadership. This continued success represents a significant milestone in the evolution of chocolate and consumer-focused food solutions.
About The Hershey Company
The Hershey Company operates as one of North America's largest chocolate manufacturers with a growing international presence. The company's business is organized into three segments: North America Confectionery, North America Salty Snacks, and International.
The company's strategy focuses on strengthening its core chocolate brands while expanding into adjacent categories including salty snacks and better-for-you options. Hershey has invested in product innovation, marketing, and e-commerce capabilities.
Hershey has committed to sustainability initiatives including sustainable cocoa sourcing through the Cocoa For Good program, responsible packaging, and community development. The company operates manufacturing facilities across North America and maintains global distribution networks.
- Founded: 1894
- Headquarters: Hershey, Pennsylvania, USA
- Company Type: Publicly Traded
- Stock: NYSE: HSY
Where Is Hershey's Made / Based?
- Headquarters: Hershey, Pennsylvania, USA
- Manufacturing / Operations: United States, Mexico, Canada, Malaysia, Various international locations
Hershey's Ownership: Pros & Cons
Advantages
- +Strong brand recognition and consumer loyalty across generations
- +Backed by Hershey's manufacturing expertise and quality control
- +Extensive distribution network ensuring nationwide availability
- +Significant marketing and advertising capabilities
- +Iconic American brand with cultural significance
Considerations
- -Competition from international chocolate companies like Mars and Nestlé
- -Commodity price volatility affecting cocoa and sugar costs
- -Health and wellness trends affecting chocolate consumption
- -Regulatory pressures regarding food labeling and marketing
- -Need for innovation in better-for-you confectionery categories
Frequently Asked Questions About Hershey's
Where to Buy
Disclosure: We may earn commission from purchasesCompetitors to Hershey's
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Nestle | Switzerland | 1921 | Mass Market | Global | All Genders | |
| Ferrero | Italy | 1923 | Mass Market | Europe | All Genders | |
| Nestle | Switzerland | 1935 | Mass Market | Global | All Genders | |
| Mars Inc | USA | 1941 | Mass Market | North America | All Genders | |
| Nestle | Switzerland | 1937 | Mass Market | Global | All Genders | |
| Mondelez International | United Kingdom | 1824 | Mass Market | Global | All Genders |
Learn More About Competitors

Baby Ruth
Owned by Nestlé
Chocolate candy bar brand owned by Nestlé, featuring peanuts, caramel, and chocolate.

Butterfinger
Owned by Ferrero
Chocolate candy bar brand owned by Ferrero Group, known for its crispy, flaky texture.

KitKat
Owned by Nestlé
Chocolate bar brand owned by Nestlé, featuring wafer biscuit coated with chocolate.

M&M's
Owned by Mars, Incorporated
American brand of candy-coated chocolate confections produced by Mars, Incorporated, one of the world's best-selling candy brands.

Smarties
Owned by Nestlé
Colorful chocolate candy brand owned by Nestlé, featuring candy-coated chocolate pieces.

Cadbury
Owned by Mondelez International
British multinational confectionery brand known for chocolate bars, Dairy Milk, Creme Eggs, and other confectionery products.
Competitive Analysis
Market Positioning: Hershey's competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
The Hershey Company Stock Information
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