Attached files
| file | filename |
|---|---|
| EX-99.1 - PRESS RELEASE - 2ND QUARTER 2017 RESULTS - HERSHEY CO | exhibit_991x2017xq2.htm |
| 8-K - FORM 8-K EARNINGS RELEASE - HERSHEY CO | a8-k_q2x2017.htm |
Exhibit 99.2
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. |