Hershey Sees 2011 EPS of $2.70 to $2.76

In a presentation today at the 2011 Consumer Analyst Group of New York conference, David J. West, President and Chief Executive Officer, The Hershey Company HSY, and J.P. Bilbrey Executive Vice President, Chief Operating Officer, reviewed progress the Company has achieved in its consumer-driven approach to core brand investment in both the U.S. and key international markets. “In 2010, Hershey increased its market share in the countries where we concentrated our efforts, and today's presentation reflects the opportunities ahead of us and our vision of how we'll build on our momentum in 2011,” West said. During the presentation, West reaffirmed the Company's expectations for full-year 2011 net sales and adjusted earnings per share-diluted growth, with results expected to be around the top of the Company's long-term 3-to-5 percent and 6-to-8 percent objectives. Hershey projects 2011 Adjusted EPS of $2.70 to $2.76