Financial ManagementThe company's balance sheet provides optionality with leverage at 1.6x, near the low end of the 1.5x-2.0x targeted range, a level that supports share repurchase and M&A.
Growth And InnovationSnacking has been one of the best growth stories in food, and Hershey has many ways to win via innovation.
Strategic ValueThe potential merger discussions highlight that Hershey holds strategic value.