NYSE:HSYFood
Hershey Targets Bigger Salty Snack Slice As Growth And Margins Diverge
Hershey is accelerating its push into salty snacks with recent acquisitions aimed at expanding beyond its core chocolate business.
The company has set a goal for salty snacks to account for 20% of total revenue, signaling a larger role for this segment in its future mix.
This shift reflects Hershey's intent to broaden its presence across the snack aisle and diversify its product portfolio.
For investors watching NYSE:HSY, this tilt toward salty snacks comes as the stock trades around...