The Hershey Company (HSY 1.32%) needs little introduction given its position as one of the largest confectionery companies in the United States. You have probably indulged in one of its products, like a Hershey bar or Reese's, sometime in the recent past.
Shares of candy and snack company Hershey (HSY 4.01%) went up on Thursday after the company reported financial results for the fourth quarter of 2024. As of 2:30 p.m.
Hershey expects the surge in cocoa prices to continue to outpace the company's price increases on its chocolate products. As a result, the company expects to see its adjusted gross profit margin contract this year, Hershey Senior Vice President and Chief Financial Officer Steve Voskuil said Thursday (Feb. 6) in prepared remarks for the company's quarterly earnings call.
Hershey's fourth-quarter 2024 results reflect strong consumer response to innovation, marketing initiatives and in-store execution.
Shares of The Hershey Co. (HSY) advanced 5% Thursday when the chocolate maker reported better-than-anticipated results as price hikes helped offset the rising cost of cocoa.
Hershey (HSY) came out with quarterly earnings of $2.69 per share, beating the Zacks Consensus Estimate of $2.38 per share. This compares to earnings of $2.02 per share a year ago.
The Hershey Company (HSY 0.81%), a leading North American confectionery and snack company, released its fourth-quarter 2024 earnings on February 6, 2025.
Hershey's stock continues to decline, recently dropping below $170, with some predicting a new bottom around $117, reminiscent of the COVID-bottom. We try to understand the larger picture and assess whether Hershey presents an opportunity or a dangerous falling knife. Despite concerns about its future prospects, the past tells us that every cocoa crisis has been overcome, leading to strong rebounds in chocolate demand.
The cheap stocks of these game-day advertisers look like good long-term investments. 00:00 Introduction 00:46 Anheuser-Busch InBev BUD 01:27 Mondelez MDLZ 01:58 Hershey HSY What's next is now at the Morningstar Investment Conference.
HSY's Q4 results are likely to reflect gains from pricing and brand strength amid cost inflation and a tough consumer landscape.
Beyond analysts' top -and-bottom-line estimates for Hershey (HSY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Hershey (HSY -1.90%) is struggling today. One of the biggest problems is inflation, but not the kind that consumers dealt with coming out of the coronavirus pandemic.