Hershey Foods (HSY) Misses Q2 EPS by 16c; cuts guidance

Hershey Foods (NYSE: HSY) reported Q2 EPS of $1.27, $0.16 worse than the analyst estimate of $1.43. Revenue for the quarter came in at $2.07 billion versus the consensus estimate of $2.3 billion.

Sees FY24 net sales growth at 2%, down from prior 2-3%.

Sees FY24 adjusted EPS at 'down slightly' from previous flat.

For earnings history and earnings-related data on Hershey Foods (HSY) click here.

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