In July 2023, The Bear Cave published on problems at Hershey (NYSE: HSY — $40.4 billion) in what was the most mocked article in The Bear Cave’s history. The Bear Cave wrote, in part, “Hershey faces rapidly growing competition from one of the world’s youngest, most talented, and most influential entrepreneurs: 25-year-old YouTube star Jimmy Donaldson, AKA MrBeast. His new chocolate brand, Feastables, has waged an all-out war against Hershey in retail and on social media — and is winning. The Bear Cave believes Feastables rapid growth will soon take a major bite out of Hershey’s profits.”
Share this post
More Problems at Hershey (HSY)
Share this post
In July 2023, The Bear Cave published on problems at Hershey (NYSE: HSY — $40.4 billion) in what was the most mocked article in The Bear Cave’s history. The Bear Cave wrote, in part, “Hershey faces rapidly growing competition from one of the world’s youngest, most talented, and most influential entrepreneurs: 25-year-old YouTube star Jimmy Donaldson, AKA MrBeast. His new chocolate brand, Feastables, has waged an all-out war against Hershey in retail and on social media — and is winning. The Bear Cave believes Feastables rapid growth will soon take a major bite out of Hershey’s profits.”