The Hershey Company And Tootsie Roll Industries

1795 Words Oct 21st, 2014 8 Pages
The Hershey Company and Tootsie Roll Industries, Inc. have weathered the ”Great Depression” with a history of more than one hundred years in the confectionary candy making industry. Their vision and longevity have pushed them into the twenty first century to meet the needs of the community, consumer, affordability, environment and healthy control portions. Both companies have made available, reduced sugar, sugar free, nut free, peanut free and gluten free products that is reflected in their candies, gum and mints. The two companies are worth investing in, but may be better than the other.
Tootsie Roll Industries Overview
Tootsie Roll Industries (TR), a popular world-wide confectionary company, has been successful since inception in 1986 with the introduction of the Tootsie Roll and has profited from low prices, quality and convenience. TR is in a solid position for growth with a strong balance sheet, great brand equity, and control over in-house operations. The company is controlled by the CEO and COO, Melvin and Ellen Gordon.
Tootsie Roll is a publically owned franchise that is traded as New York Stock Exchange (NYSE) Stock Symbol TR. Tootsie Roll maintained a two percent share of the $8 billion total candy market, which was dominated by such corporate giants as Nestlé and Hershey, it has been a longtime leader in the non-chocolate and lollipop segment of the industry, enjoying a 50 percent market share. ( ) They own many trademarks in the U.S. and internationally.…
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