The Hershey and Tootsie Roll Company's Final Report

4228 Words Nov 7th, 2005 17 Pages
Everyone remembers going around as a child for one night of the year dressed up as his or her favorite ghoul or storybook character and returning home with a sack full of delicious candies. There were always a variety of candy types, but most of these candies were usually made by two of the major companies in the industry. The Hershey Company and the Tootsie Roll Company were both well represented on this night. Both companies made so many different types of candies for young children to enjoy that the names would forever be imbedded in their minds. These treats were not just for the children, but for the children in all the adults as well. Taste and memories alone are not good enough for the companies to have had as long a tradition as …show more content…
Hershey concentrates on a variety of chocolate products ranging from powder form to an assortment of candy bars, including the famous Hershey Kiss®, to the wholesaling of large decadent chocolate products for other smaller chocolate candy manufacturers.
Stock Comparisions
Stocks between both Hershey Company and Tootsie Roll Industries are similar in nature; however, due to the vast line of products available between the two companies; Hershey comes out ahead with more products to their line. According to current stock numbers, though Tootsie Roll went public in 1922, Hershey, that went public in 1927, has remained the leader. As far as the lowest and highest stock prices have gone in the past 52 weeks, Tootsie Roll's lowest share price was $58.67; while Hershey's lowest share price came in at $29.25. Conversely, Tootsie Roll's highest stock price topped out at $31.96, while Hershey peaked at $65.19 a share.
Company Financial Information
The Hershey Company and Tootsie Roll Industries are two main confectionery companies. The Hershey Company makes many different products, including chocolate bars, Jolly Ranchers®, Reese's Peanut Butter Cups®, etc. Tootsie Roll Industries also has many different products, including, Tootsie Rolls®, Tootsie Pops®, Junior Mints, Sugar Daddys, and so forth. The "Tootsie Roll Industry is the largest lollipop producer in the world" (Hoovers, 2005, para. 1). Amongst all the confectionery companies nationwide, The
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