The Hershey Company (HSY)
3 Magnificent Dividend Stocks to Buy That Are Near 52-Week Lows
Macroeconomic headwinds are pressuring financial results at leading consumer goods companies. Shares of Kraft Heinz, Hershey, and Starbucks are all down 30% or more from their previous highs.
Hershey cuts yearly guidance, profit after steep 17% drop in sales
The candy and snack company blamed a pullback in consumer spending amid sticky inflation for its struggling sales.
Hershey (HSY) Stock Down on Q2 Earnings Miss & Lowered View
Hershey's (HSY) Q2 results reflect lower net sales and earnings on lower demand as consumers continue to reduce discretionary spending. Management lowers the 2024 view.
The Hershey Company (HSY) Q2 2024 Earnings Call Transcript
The Hershey Company (NYSE:HSY ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Anoori Naughton - Senior Director, Investor Relations Michele Buck - Chairman & Chief Executive Officer Steve Voskuil - Senior Vice President & Chief Financial Officer Conference Call Participants Ken Goldman - JPMorgan Andrew Lazar - Barclays Alexia Howard - Bernstein Bryan Spillane - Bank of America David Palmer - Evercore ISI Max Gumport - BNP Paribas Tom Palmer - Citi Robert Moskow - TD Cowen Jim Salera - Stephens Michael Lavery - Piper Sandler Chris Carey - Wells Fargo Rob Dickerson - Jefferies Stephen Powers - Deutsche Bank Operator Greetings, and welcome to The Hershey Company's Second Quarter 2024 Earnings Question-and-Answer Session. [Operator Instructions] As a reminder, this conference is being recorded.
Hershey (HSY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Hershey (HSY) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Hershey Earnings Come In Not So Sweet—Worst Profit In 7 Years As Cocoa Prices Soared
Shares of Hershey wavered Thursday as investors digested the chocolatier's quarterly earnings report, as soaring cocoa prices cut significantly into the food company's profits.
Hershey (HSY) Misses Q2 Earnings and Revenue Estimates
Hershey (HSY) came out with quarterly earnings of $1.27 per share, missing the Zacks Consensus Estimate of $1.44 per share. This compares to earnings of $2.01 per share a year ago.
Hershey stock slides on Q2 sales and earnings miss as consumers pull back on discretionary spending
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 reported net income of $180.9 million, or 89 cents a share, down from $407 million, or $1.98 a share, in the same period last year.
Hershey's (HSY) Q2 Earnings in the Cards: Key Things to Note
Hershey's (HSY) Q2 results are likely to reflect gains from brand strength, but high commodity costs, increased selling, marketing and administrative expenses and currency volatility are concerns.
Countdown to Hershey (HSY) Q2 Earnings: Wall Street Forecasts for Key Metrics
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 June 2024.
Analysts Estimate Hershey (HSY) to Report a Decline in Earnings: What to Look Out for
Hershey (HSY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why the Market Dipped But Hershey (HSY) Gained Today
In the latest trading session, Hershey (HSY) closed at $192.10, marking a +1.14% move from the previous day.
