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Hershey Reports First-Quarter 2021 Financial Results; Raises 2021 Net Sales and Earnings Outlook

Appendix I Details of the charges included in GAAP results, as summarized in the press release (above), are as follows: Derivative Mark-to-Market (Gains) Losses:  The mark-to-market (gains) losses on commodity derivatives are recorded as unallocated and excluded from adjusted results until such time as the related inventory is sold, at which time the corresponding (gains) losses are reclassified from unallocated to segment income.  Since we often purchase commodity contracts to price inventor...
United States Scharffen Berger Pension Settlement Charges Relating To Company Pure Foods Inc Hershey Company Hershey International

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