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Hershey Co Reaffirms FY 2013 EPS Guidance; Issues FY 2013 Charge Guidance

Thursday, 24 Oct 2013 07:00am EDT 

Hershey Co announced that for fiscal 2013, it expects to reported earnings per share diluted of $3.60 to $3.65. This projection, prepared in accordance with GAAP, assumes business realignment charges and NSRPE costs of $0.06 to $0.08 per share-diluted. Charges associated with the Project Next Century program are expected to be $0.03 to $0.05 per share-diluted, while NSRPE is expected to be $0.03 per share-diluted. The Company also announced that the Company expects to record total GAAP charges of about $10 million to $15 million, or $0.03 to $0.05 per share-diluted, attributable to Project Next Century and $11.3 million, or $0.03 per share-diluted, of NSRPE. 

Company Quote

1.49 +1.44%
19 Dec 2014