This paper compares two
confectionery companies: Hershey Foods Corporation and Tootsie Roll Industries. The confectionery
industry is shown to be highly competitive, and the
companies worthy of investment will be those that combine the abilities to maximize sales, minimize costs and maximize operating efficiencies. An analysis of their annual reports and financial statements is carried out to find out how profitable and viable they are, as well as how they manage and finance their operations.