Hershey (HSY) Reports Q3 Earnings: What Key Metrics Have to Say
4 Articles
4 Articles
Hershey Shares Slide Despite Strong Q3 Earnings and Revised Full-Year Guidance
Key Points Hershey delivered a decisive earnings beat this morning, posting third-quarter results that significantly exceeded Wall Street expectations and prompted management to raise full-year guidance. The stock was up sharply in early trading on the strength of the numbers and the company’s improved outlook, but since the open, shares are down. Are you ahead, or behind on retirement? SmartAsset’s free tool can match you with a financial ad…
Hershey's Q3 Turns Semi-Sweet As Margins Melt, Stock Dips
The Hershey Company (NYSE:HSY) shares are trading slightly lower in the premarket session on Thursday. The company reported third-quarter adjusted earnings per share of $1.30 (down 44.4%), beating the analyst consensus estimate of $1.07. Quarterly sales of $3.181 billion (+6.5% year over year)…
Hershey Q3 earnings: Sales rise but profits plunge amid cost pressures
Despite posting strong Q3 sales, The Hershey Company faces mounting financial challenges, including a sharp drop in net income and rising operational costs. As competitors like Mondelēz and Nestlé also struggle with inflation and shifting consumer dynamics, Hershey is banking on strategic initiatives and cost-saving measures to weather the storm and sustain growth.
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