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Hershey profits continue to melt away

Maybe if they tried making actual edible chocolates instead of lobbying the government to ban their import they’d make some money. This isn’t 1955. people know what actual chocolate tastes like. not that waxy simulacrum they produce. Seems to me Hershey’s is experiencing what MBA’s will do to an established product. “Just make it 90% wax, no one will notice!” (NYSE: HSY)

“U.S. results were slightly ahead of our expectations with year-to-date combined candy, mint and gum (CMG) market share up 0.1 points,” Chief Executive John Bilbrey said in a statement. “Results were adversely impacted by international performance, primarily in China.”

Founder, Milton Hershey, in the photo above.

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