Hershey Posts Profit

Publish Date: 
October 28, 2010

Hershey Co.'s third-quarter earnings climbed 11% as the chocolate maker saw its sales and margins increase.  Though the maker of Kisses and Reese's Peanut Butter Cups saw steady results in the recession, the company faces growing competition across the globe from larger rivals Mars Inc. and Kraft Foods Inc., which bought Cadbury in February. Like other food makers it also faces pressure from rising commodity costs.
READ MORE