On Friday Hershey (HSY) - Get Hershey Company (HSY) Report said it is making new commitments that it intends to increase the visibility of nutrition information and portion options as part of its efforts to offer consumers a range of snack options and clarity about their nutritional value.
The company says by 2022 it will make 50% of its total portfolio of individually wrapped standard and king sized products with 200 calories or less. All of those same products will have "easy to read front of pack calorie labels" by the end of 2018.
"Consumers are at the heart of all that we do and we have been at the forefront of providing the choice and transparency they want. We aim to delight our consumers and these steps will provide an even wider range of portion options and clear information to help them select treats that fit their lifestyle," Hershey CEO Michele Buck said.
(What will move markets this quarter and how should investors position themselves ahead of time? Jim Cramer sat down with four of TheStreet's top columnists recently to get their views. Click here to listen to his latest Trading Strategies roundtable with them and read their advice for stocks, bonds, forex and gold.)
Editors' pick: Originally published April 21.