The Annual Hershey Industry Performance Analysis (HIPA) Report
The Hershey Company and the Convenience Distribution Association (CDA) continue to deliver the most comprehensive financial benchmarking report in the convenience distribution industry. Thanks to the support of The Hershey Company, the detailed benchmarking information in the HIPA Report is free of charge for CDA distributor members - a tremendous value! Please note the HIPA Report is only available to those who participate in the survey.
The 2022 survey is closed. Look for details on the 2023 survey in March 2023.
In return for participating, companies receive:
Industry Benchmarking Report - an industry report profiling the financial and operating performance of CDA distributors. Management commentary is provided in the reports to explain what the various statistics and ratios mean and why they are important.
Individual Company Financial Benchmarking Dashboard Report - each participant will receive an individual company Financial Benchmarking Report, an interactive tool to assist in your financial planning and compare your firm with others.
Questions? Contact Angie Simonetti or Benchmarking Analytics.
Check out this video describing the HIPA Report
and why members find it valuable!
What Members Think of the HIPA Report
Here is a video describing the HIPA Report and why members value the report.
“The CDA HIPA report is a key strategic tool that we use to analyze and benchmark how we are doing as a company. It provides valuable information in a much more efficient manner than if we were to try and capture this data ourselves.”
—Chad Owen, President, Chambers & Owen, Inc.
“The primary reason we started submitting data was our desire to know how we are performing in the industry and maintain our anonymity. We have been able to use confidential comparative date and improve our business philosophy and practices to improve our balance sheet and financial reports.”
—Charlie Casper, Hardec’s
“This survey is one of the better ones we complete and we like that you can print the report to work on it versus a google form. We also like that we can simply attach our financial statements instead of entering in all of the data.”
—Kyle Drummond, CPA, CFE, Division Controller – Wholesale, AMCON Distributing Company
Do you need to benchmark? Yes!
Financial benchmarking equips business owners with the tools to make sense of the current environment and addresses critical business questions with unprecedented ease, speed and accuracy. Check out this article from Benchmarking Analytics on the value of benchmarking in this increasingly complex world.