Market Overview

UPDATE: Hershey Posts Rise In Q4 Earnings

Related HSY
Report: Hershey To Acquire 'Gourmet' Jerky Maker
How Hershey Is Sharpening Morgan Stanley's Sweet Tooth
Build-A-Bear Chief: A Little Naiveté Goes a Long Way (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...

Get Benzinga's Newsletters