Tag: $Hershey’s

Hershey (HSY.N), beat analysts’ sales and profit estimates for the second quarter on Wednesday, driven by demand during Easter for its confectionery goods and salty snacks.

Hershey forecast annual profit below Wall Street estimates on Thursday as record cocoa prices weigh on the Kit Kat maker’s margins.

Hershey Co. HSY shares are down 7.1% premarket after the chocolate and salty snacks company reported a second-quarter top and bottom line miss and lowered its 2024 guidance.

Stock in The Hershey Company  jumped on Friday after the chocolate seller reported better-than-expected profits and sales on the back of higher prices.

Hershey Co. reported a fourth-quarter earnings beat before market open Thursday, although shares fell 3.4% in premarket trades, weighed down by weaker-than-expected sales and guidance.

Shares of Hershey Co. +2.20% rallied 2.3% in premarket trading Thursday after the chocolate and salty snacks company beat profit and revenue expectations, helped primarily by higher prices.

NEW YORK, Oct 25 (Reuters) – Consumer Reports on Wednesday said it has found “concerning” levels of lead and cadmium in a new array of chocolate products, and renewed its call for Hershey to reduce the amounts of heavy metals its chocolate contains.