The American chocolatier records a $460 million pretax gain on commodity derivatives as cocoa futures hit record highs last ...
Key Takeaways Hershey beat profit and sales estimates as the chocolate maker's price hikes helped to offset the higher cost ...
The Oreo maker warned of “unprecedented” inflation for the commodity that would reduce its earnings, while the Kisses giant ...
Hershey is expecting “significant pressure on earnings” from stubbornly high cocoa prices but still expects an acceleration in sales revenue.
As of 11.21am today, shares are up nearly 4.3%. The company saw a solid 8.7% increase in net sales, hitting $2.89 billion, ...
Citi analyst Thomas Palmer upgraded Hershey (HSY) to Neutral from Sell with a price target of $154, down from $159. The stock is down 24% over ...
Management expressed optimism for balanced growth in 2026. CFO Steve Voskuil stated that despite potential difficulties in implementing pricing, efforts to manage cocoa costs through productivity ...
Shares of chocolate company Hershey (NYSE:HSY) jumped 6.9% in the pre-market session after the company reported strong fourth-quarter results, which blew past analysts' gross margin and organic ...
Q4 2024 Earnings Conference Call February 6, 2025 8:30 AM ETCompany ParticipantsAnoori Naughton - Senior Director of ...
Investing.com - Shares in Hershey Co (NYSE:HSY) jumped about 5% in early trading on Thursday after reporting fourth-quarter earnings on that surpassed analyst expectations, but warned of significant ...
Hershey's fourth-quarter 2024 results reflect strong consumer response to innovation, marketing initiatives and in-store execution.
The company spent a record amount on capital expenditures during its artificial-intelligence build-out. The company expects bookings of between $5.55 billion to $5.65 billion for the year. A rival, ...