# Who are The Hershey Company's customers? Who does The Hershey Company earn revenue from?
Canonical: https://valuechain.wiki/hershey-company · Facet: customers · Updated: 2026-09-24T12:55:58.862565+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: The Hershey Company's confirmed revenue counterparties include Walmart Inc plus 1 undisclosed/aggregate relationship. Per the valuechain.wiki graph: 2 revenue edges, backed by 1 dated sources, 1 of them primary filings (as of 2026-09-24).

### McLane Company (high)
- metric: Revenue share 27% · FY2025 · Share of consolidated net sales made to McLane Company
- note: McLane is Hershey's largest customer. It accounted for approximately 27% of Hershey's consolidated net sales in 2025.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-17) https://www.sec.gov/Archives/edgar/data/47111/000162828026008586/hsy-20251231.htm: "In 2025, approximately 27% of our consolidated net sales were made to McLane Company, Inc."

### Walmart Inc (high)  → /walmart.md
- note: Hershey identifies McLane as the primary distributor of its products to Walmart. Hershey does not separately disclose the sales attributable to Walmart.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-17) https://www.sec.gov/Archives/edgar/data/47111/000162828026008586/hsy-20251231.htm: "the primary distributor of our products to Wal-Mart Stores, Inc."

Reverse side: https://valuechain.wiki/hershey-company/suppliers.md · Ripple: https://valuechain.wiki/hershey-company/ripple.md

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