Does Walmart Sell Dot's Pretzels
- August 3, 2022
Industry-leading snack company Hershey has approximately 17,000 employees around the world, and generates more than $8.1 billion in annual sales.According to Dunn and Bradstreet, Dot’s Pretzels, headquartered in North Dakota, has 175 employees and generates an estimated $69 million in sales. .
Dot's Pretzels Is Releasing a New Flavor for the First Time Ever
In fact, their original seasoning has become so popular among Dot's fans that they've started making their own rub for pork, chicken, and fish based on their secret recipe.Recently, Dot's announced on their Instagram that they're officially launching a second flavor of pretzels in 2020.We're not sure exactly where they'll be, but Velva, North Dakota, the site of Dot's home plant, might be a good guess.We might have a long wait ahead of us to try Dot's first new flavor, but you can stock up on the original recipe in the meantime. .
Hershey buys Dot's Homestyle Pretzels and its co-manufacturer for
The purchase of premium pretzel brand Dot's, known for its bold flavors including Southwest and Honey Mustard, would further quicken Hershey's push into the permissible salty snack category, an area where the company has previously been underrepresented.But under Buck's direction, Hershey has rapidly evolved into a "snacking powerhouse" by accelerating growth in the company's hugely profitable confectionery business through innovation and a deeper focus on low- or no-sugar, organic and bite-sized offerings.When SkinnyPop was acquired, it also had low household penetration, limited marketing, strong margins and an ability to add new pack sizes to appeal to consumers depending on where it was sold.Hershey also is separately purchasing Pretzels Inc. from private investment firm Peak Rock Capital, giving it access to three manufacturing locations in Indiana and Kansas used to make the salty snack for Dot's and other customers.The decision to purchase Pretzels, along with the Dot's brand, will give Hershey more flexibility in increasing product output as demand for the snack grows.Buck said as the company conducted its due diligence on Dot's, it discovered the brand used a proprietary process to apply a special blend of flavor to the pretzel that Hershey wanted more control over — especially with the supply chain challenges currently impacting the U.S. economy.Even after the Dot's acquisition, Hershey said the company remains on the lookout for other brands, typically with $100 million or more in sales, that are differentiated enough in the marketplace and have promising growth prospects that it could buy.