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Hershey | 10-K: Annual report

好时 | 10-K:年度报表

SEC announcement ·  02/20 09:18
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Hershey, a global confectionery leader, reported a 7.2% increase in net sales to $11.165 billion in 2023 compared to $10.419 billion in 2022. The company's operating profit rose by 13.3% to $2.561 billion, with a net income increase of 13.2% to $1.862 billion. Diluted earnings per share were $9.06, up 13.8% from the previous year. Hershey's financial growth was primarily driven by favorable price realization, despite a volume decrease in consumer demand for everyday core U.S. confection brands. The company's business development included the acquisition of Weaver Popcorn Manufacturing in May 2023, enhancing its North America Salty Snacks segment. Hershey's future plans focus on strategic imperatives such as driving core confection business, delivering profitable international growth, expanding competitive advantage through differentiated capabilities, and responsibly managing operations for long-term sustainability. The company's share repurchase programs and dividend payments reflect its commitment to delivering shareholder value, with a 15% increase in the annual dividend rate for Common Stock in 2023.
Hershey, a global confectionery leader, reported a 7.2% increase in net sales to $11.165 billion in 2023 compared to $10.419 billion in 2022. The company's operating profit rose by 13.3% to $2.561 billion, with a net income increase of 13.2% to $1.862 billion. Diluted earnings per share were $9.06, up 13.8% from the previous year. Hershey's financial growth was primarily driven by favorable price realization, despite a volume decrease in consumer demand for everyday core U.S. confection brands. The company's business development included the acquisition of Weaver Popcorn Manufacturing in May 2023, enhancing its North America Salty Snacks segment. Hershey's future plans focus on strategic imperatives such as driving core confection business, delivering profitable international growth, expanding competitive advantage through differentiated capabilities, and responsibly managing operations for long-term sustainability. The company's share repurchase programs and dividend payments reflect its commitment to delivering shareholder value, with a 15% increase in the annual dividend rate for Common Stock in 2023.
全球糖果领导者好时报告称,2023年的净销售额增长了7.2%,达到111.65亿美元,而2022年为104.19亿美元。该公司的营业利润增长了13.3%,达到25.61亿美元,净收入增长了13.2%,达到18.62亿美元。摊薄后的每股收益为9.06美元,比上年增长13.8%。尽管消费者对美国核心糖果品牌的需求有所减少,但Hershey的财务增长主要是由有利的价格变动推动的。该公司的业务发展包括2023年5月收购Weaver Popcorn Manufacturing,以加强其北美咸味零食板块。好时未来的计划侧重于战略要务,例如推动核心糖果业务、实现可盈利的国际增长、通过差异化能力扩大竞争优势,以及负责任地管理运营以实现长期可持续性。该公司的股票回购计划和股息支付反映了其实现股东价值的承诺,2023年普通股的年股息率将提高15%。
全球糖果领导者好时报告称,2023年的净销售额增长了7.2%,达到111.65亿美元,而2022年为104.19亿美元。该公司的营业利润增长了13.3%,达到25.61亿美元,净收入增长了13.2%,达到18.62亿美元。摊薄后的每股收益为9.06美元,比上年增长13.8%。尽管消费者对美国核心糖果品牌的需求有所减少,但Hershey的财务增长主要是由有利的价格变动推动的。该公司的业务发展包括2023年5月收购Weaver Popcorn Manufacturing,以加强其北美咸味零食板块。好时未来的计划侧重于战略要务,例如推动核心糖果业务、实现可盈利的国际增长、通过差异化能力扩大竞争优势,以及负责任地管理运营以实现长期可持续性。该公司的股票回购计划和股息支付反映了其实现股东价值的承诺,2023年普通股的年股息率将提高15%。
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