Market Overview

UPDATE: Hershey Posts Rise In Q4 Earnings

Related HSY
Citi Sees Hershey Co Headed For 'Inflection' In Sales, Margins
4 Kraft Divisions Ripe For Spinoff (And Some Possible Suitors)
When Rate Hikes Come, They Will Ripple Across U.S. Economy (Fox Business)

Hershey Co (NYSE: HSY) reported a 24% rise in its fourth-quarter earnings.

Hershey's quarterly profit gained to $186.1 million, or $0.82 per share, from a year-ago profit of $149.9 million, or $0.66 per share. Excluding special items, it earned $0.86 per share.

Its sales surged 12% to $1.96 billion. However, analysts were expecting earnings of $0.86 per share on sales of $1.89 billion.

Hershey shares closed at $96.72 yesterday.

Posted-In: profitEarnings News

 

Related Articles (HSY)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters