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Hershey Co (HSY.N)

HSY.N on New York Stock Exchange

92.48USD
20 Apr 2018
Change (% chg)

$-1.08 (-1.15%)
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$93.56
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Volume
441,674
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Latest Key Developments (Source: Significant Developments)

Hershey Co ‍Announces Cocoa For Good, Co's Half Billion Dollar Cocoa Strategy​
Tuesday, 3 Apr 2018 08:00am EDT 

April 3 (Reuters) - Hershey Co ::‍ANNOUNCES COCOA FOR GOOD, CO'S HALF BILLION DOLLAR COCOA STRATEGY​.  Full Article

Hershey Says CEO Buck's FY 2017 Total Compensation Was $10.3 mln Vs $8.9 mln
Thursday, 22 Mar 2018 08:43am EDT 

March 22 (Reuters) - Hershey Co ::HERSHEY CO SAYS CEO MICHELE BUCK'S FY 2017 TOTAL COMPENSATION WAS $10.3 MILLION VERSUS $8.9 MILLION IN FY 2016 - SEC FILING.HERSHEY CO SAYS JOHN BILBREY'S FY 2017 TOTAL COMPENSATION WAS $10.3 MILLION VERSUS $12.7 MILLION IN FY 2016.  Full Article

John Bilbrey Retires As Chairman Of Hershey Co Board
Thursday, 22 Feb 2018 08:30am EST 

Feb 22 (Reuters) - Hershey Co ::JOHN P. BILBREY ANNOUNCES RETIREMENT AS CHAIRMAN OF THE HERSHEY COMPANY BOARD OF DIRECTORS; CHARLES A. DAVIS ELECTED AS SUCCESSOR.HERSHEY - DAVIS WILL ASSUME ROLE OF CHAIRMAN FOLLOWING STOCKHOLDERS MEETING IN MAY.  Full Article

Hershey Reaffirms Outlook For 2018
Wednesday, 21 Feb 2018 04:00pm EST 

Feb 21 (Reuters) - Hershey Co ::HERSHEY REAFFIRMS OUTLOOK FOR 2018.HERSHEY - REAFFIRMED CO'S FY 2018 FINANCIAL EXPECTATIONS FOR NET SALES AND EARNINGS PER SHARE GROWTH PREVIOUSLY PROVIDED IN ITS FEBRUARY 1, 2018, EARNINGS RELEASE.  Full Article

Charlie Munger urges regulators to ease up on Wells Fargo, praises Amazon-Berkshire-JPMorgan health care efforts
Wednesday, 14 Feb 2018 03:09pm EST 

Feb 14 (Reuters) - Charlie munger says it is time for regulators to "let up" on wells fargo -- :.  Full Article

Hershey Declares Quarterly Dividends
Thursday, 1 Feb 2018 07:05am EST 

Feb 1 (Reuters) - Hershey Co ::HERSHEY DECLARES QUARTERLY DIVIDENDS.HERSHEY CO - ‍BOARD OF DIRECTORS OF HERSHEY COMPANY ANNOUNCED QUARTERLY DIVIDENDS OF $0.656 ON COMMON STOCK, $0.596 ON CLASS B COMMON STOCK​.  Full Article

Hershey Reports Q4 Earnings Per Share $0.85
Thursday, 1 Feb 2018 07:00am EST 

Feb 1 (Reuters) - Hershey Co ::HERSHEY ANNOUNCES FOURTH-QUARTER AND FULL-YEAR 2017 RESULTS; PROVIDES 2018 OUTLOOK.Q4 EARNINGS PER SHARE $0.85.Q4 SALES $1.94 BILLION VERSUS $1.97 BILLION.SEES FY 2018 EARNINGS PER SHARE $4.71 TO $4.96.SEES FY 2018 SALES UP 5 TO 7 PERCENT.IN 2018 ORGANIC NET SALES ARE EXPECTED TO INCREASE IN RANGE OF SLIGHTLY UP TO AROUND 2% VERSUS LAST YEAR.IN 2018, ESTIMATE ADJUSTED GROSS MARGIN WILL BE ABOUT SAME AS LAST YEAR.RECENTLY PASSED U.S. TAX CUTS AND JOBS ACT OF 2017 WILL HAVE A FAVORABLE IMPACT ON NET INCOME, EARNINGS PER SHARE-DILUTED AND CASH FLOW.ESTIMATES 2018 FULL YEAR ADJUSTED EARNINGS PER SHARE-DILUTED TO BE IN $5.33 TO $5.43 RANGE.FY2018 EARNINGS PER SHARE VIEW $5.25, REVENUE VIEW $7.67 BILLION -- THOMSON REUTERS I/B/E/S.FOURTH-QUARTER ADJUSTED EARNINGS PER SHARE-DILUTED OF $1.03.Q4 EARNINGS PER SHARE VIEW $1.07 -- THOMSON REUTERS I/B/E/S.SAYS "IN 2018, WE ESTIMATE ADJUSTED GROSS MARGIN WILL BE ABOUT SAME AS LAST YEAR".MARGIN FOR GROWTH PROGRAM SAVINGS IN 2018 ARE ESTIMATED TO BE $55 MILLION TO $65 MILLION.PRELIMINARY ESTIMATE INDICATES HERSHEY'S 2018 EFFECTIVE TAX RATE SHOULD BE AROUND 20% TO 22%.  Full Article

Hershey Says Entered Into Credit Agreement To Borrow Up To $1.5 Bln
Tuesday, 9 Jan 2018 09:15am EST 

Jan 9 (Reuters) - Hershey Co ::HERSHEY SAYS ON JAN 8, CO ENTERED INTO 364 DAY CREDIT AGREEMENT - SEC FILING.HERSHEY - PURSUANT TO CREDIT AGREEMENT CO MAY BORROW UP TO $1,500 MILLION ON UNSECURED, REVOLVING BASIS.  Full Article

Hershey To Acquire Amplify Snack Brands For $1.6 Bln
Monday, 18 Dec 2017 07:01am EST 

Dec 18 (Reuters) - Hershey Co ::HERSHEY ENTERS INTO AGREEMENT TO ACQUIRE AMPLIFY SNACK BRANDS, INC..HERSHEY CO - DEAL FOR $12.00 PER SHARE IN CASH.HERSHEY CO - DEAL EXPECTED TO BE ACCRETIVE TO ADJUSTED EARNINGS PER SHARE IN FIRST-YEAR POST CLOSING.HERSHEY CO - DEAL VALUED AT APPROXIMATELY $1.6 BILLION.HERSHEY CO - TRANSACTION WILL BE FUNDED WITH CASH ON HAND AND NEW DEBT AND IS NOT EXPECTED TO IMPACT HERSHEY'S CURRENT RATINGS.HERSHEY CO - ‍AGREEMENT HAS BEEN APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES​.HERSHEY CO - ACQUISITION IS NOT EXPECTED TO AFFECT PREVIOUSLY ANNOUNCED FULL YEAR 2017 OUTLOOKS PROVIDED IN HERSHEY'S & AMPLIFY'S Q3 EARNINGS RELEASE.HERSHEY CO - ‍ANNUAL RUN-RATE SYNERGIES OF ABOUT $20 MILLION EXPECTED TO BE GENERATED OVER NEXT 2 YEARS FROM COST SAVINGS AND PORTFOLIO OPTIMIZATION​.  Full Article

Hershey Nears $1.6 Billion Deal To Acquire Skinnypop Parent Amplify- CNBC
Monday, 18 Dec 2017 01:24am EST 

Dec 18 (Reuters) - :HERSHEY NEARS $1.6 BILLION DEAL TO ACQUIRE SKINNYPOP PARENT AMPLIFY- CNBC, CITING SOURCES.DEAL VALUES AMPLIFY AT $12 A SHARE- CNBC, CITING SOURCES.  Full Article

BRIEF-Hershey Co ‍Announces Cocoa For Good, Co's Half Billion Dollar Cocoa Strategy​

* ‍ANNOUNCES COCOA FOR GOOD, CO'S HALF BILLION DOLLAR COCOA STRATEGY​ Source text for Eikon: Further company coverage: