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.
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.