Hershey (HSY +1.6%) may need to generate $1B in annual revenue from acquisitions to reach its...

|About: The Hershey Company (HSY)|By:, SA News Editor

Hershey (HSY +1.6%) may need to generate $1B in annual revenue from acquisitions to reach its goal of $10B in sales within five years, CEO John Bilbrey says. HSY seeks to build distribution in emerging economies where it can boost sales to growing middle-class populations; it sees $30B of M&A potential in the highly fragmented global confection and snack market.