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The Hershey Co Says In 8K Filing Co, In Q&A Portion Of CAGNY Conference, Said, In Response To Question Regarding Recent Competitive Pricing Activity Said 'the Company would not want large price gaps relative to competitive products to persist on shelf'


Benzinga | Feb 18, 2021 09:27AM EST

The Hershey Co Says In 8K Filing Co, In Q&A Portion Of CAGNY Conference, Said, In Response To Question Regarding Recent Competitive Pricing Activity Said 'the Company would not want large price gaps relative to competitive products to persist on shelf'

On February 17, 2021, The Hershey Company (the "Company") participated in the 2021 Consumer Analyst Group of New York (CAGNY) conference. During the question and answer session, in response to an analyst question regarding recent competitive pricing activity, management indicated that while it cannot comment on specific pricing actions, the Company would not want large price gaps relative to competitive products to persist on shelf.



As noted in the response, this should not be interpreted as an announcement of the Company's intention to take, or not take, any specific pricing action. Announcements regarding specific pricing actions are made if and when decisions regarding such actions have been made by the Company.






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