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Hershey Reports Q3 Earnings Per Share Of $2.14
Hershey CEO Says If We See Pressures In Halloween, It's Probably Going To Show Up More Towards Q4 Than Q3
Hershey Announces Quarterly Dividends Of $0.804 On Common Stock And $0.731 On Class B Common Stock
The Hershey Company is a global confectionery company. The Company produces chocolate, snack and chocolate and non-chocolate confectionery. It operates through two segments: North America and International and Other. Its product offerings include chocolate and non-chocolate confectionery products; gum and mint refreshment products; snack items such as popcorn, protein bars and cookies, spreads, bars and snack bites/mixes, and meat snacks; and pantry items, such as baking ingredients, toppings and beverages. North America segment includes its operations in in the United States and Canada. International and Other segment includes its operations outside of North America. The Company offers its products under various brands, such as Hershey’s, Reese’s, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Lancaster, Payday and Rolo.
19 EAST CHOCOLATE AVENUE
EXTERNAL RPTG & COMPLIANCE
Michele G Buck
Chairman of the Board, President, Chief Executive Officer
Steven E. Voskuil
Chief Financial Officer, Senior Vice President, Chief Accounting Officer
Hector De la Barreda
President - Amplify
Charles R Raup
President - U.S.
Christopher M Scalia
Chief Human Resource Officer, Senior Vice President
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U.S. chocolate maker Hershey Co <HSY.N> has positioned itself to receive a sizeable amount of cheap cocoa from futures exchange ICE, a move that highlights difficulties African producers are having to sell beans at a recently-agreed premium, traders said.
Hershey Co <HSY.N> beat profit and sales estimates and reinstated its full-year financial forecasts on Friday, after early promotions and strong use of data to predict Halloween trends paid off in the third quarter, sending its shares up 3%.
Hershey Co on Friday beat quarterly sales estimates and reinstated its full-year outlook boosted by strong Halloween sales and demand for chocolate chips and cocoa powder from people taking up baking while stuck at home due to virus-driven lockdowns.
Hershey Co <HSY.N> said on Thursday it was optimistic about crucial Halloween candy sales this year with retailers still placing orders, despite concerns that a resurgence in COVID-19 cases would discourage kids from going trick-or-treating.
Hershey Co quarterly sales missed estimates on Thursday, as the economic fallout of the COVID-19 pandemic kept people from spending on its chocolates and candies in overseas markets, such as Brazil and Mexico.
Hershey Co <HSY.N> said on Wednesday sales of gums and mints have taken a hit as social distancing protocols spurred by the COVID-19 pandemic discouraged people from participating in gatherings.
Hershey Co <HSY.N> pulled its 2020 forecast on Thursday and warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates.
* HERSHEY CO - IN RESPONSE TO COVID-19, HAS TEMPORARILY CLOSED HERSHEY'S CHOCOLATE WORLD STORES IN HERSHEY, PENNSYLVANIA, NEW YORK CITY & LAS VEGAS
Hershey Co <HSY.N> forecast 2020 profit and sales largely above Wall Street expectations on Thursday, after the candy maker posted sales that beat estimates on higher prices and investments in healthier snacking options.
Hershey Co forecast 2020 profit and sales largely above Wall Street estimates on Thursday after beating fourth-quarter sales targets, driven by recent price increases and investments in healthier snacking options.
Hershey Co <HSY.N> raised its full-year revenue forecast after posting third-quarter results that beat Wall Street estimates on Thursday, driven by price increases and investments in snacking brands.
Hershey Co reported third-quarter sales above Wall Street estimates on Thursday and raised its full-year revenue forecast, boosted by price increases and investments in snacking brands.
* Growth in incomes, sharp tax cut propel India chocolate sales
Two years ago, Satish P., a bakery owner in the small village of Harohalli near Bengaluru, had his doubts about stocking Mondelez's <MDLZ.O> Cadbury Silk bars.
Hershey Co <HSY.N> reported a better-than-expected quarterly profit on Thursday, but forecast 2019 earnings below Wall Street expectations as the chocolate maker expects the benefits from recent price increases to be pushed out to next year.
Hershey Co's quarterly sales and profit topped Wall Street estimates on Thursday, as higher snacking sales more than offset a drop in demand for candies in the United States, sending its share to a record high.
Hershey Co's quarterly revenue topped Wall Street estimates on Thursday, as the chocolate maker benefited from its snacking brands acquisitions.
Hershey Co on Thursday reported quarterly profit and sales that narrowly missed Wall Street estimates, hurt by lower prices, overshadowing a profit forecast for the full year that was largely above analysts' estimates.
Kisses chocolate maker Hershey Co reported lower-than-expected quarterly revenue on Thursday, as growth in the company's recently acquired snacking brands failed to offset a drop in sales of sugary chocolates in North America.
A federal judge in Boston on Wednesday dismissed two proposed class action lawsuits by consumers alleging Nestle USA Inc and The Hershey Co had failed to disclose child labor practices on their chocolate products' labels, saying their claims were not actionable under Massachusetts...
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