Hershey Foods Corp. (HSY) Tops Q2 EPS by 1c; Guide FY Above the Street
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Price: $184.86 +1.32%
EPS Growth %: -6.4%
Financial Fact:
Net Sales: 2B
Today's EPS Names:
ESCA, LICT, NKSH, More
EPS Growth %: -6.4%
Financial Fact:
Net Sales: 2B
Today's EPS Names:
ESCA, LICT, NKSH, More
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Hershey Foods Corp. (NYSE: HSY) reported Q2 EPS of $0.72, $0.01 better than the analyst estimate of $0.71. Revenue for the quarter came in at $1.51 billion versus the consensus estimate of $1.51 billion.
Hershey Foods Corp. sees FY2013 EPS of $3.68-$3.71, versus the consensus of $3.65.
"We delivered another quarter of strong sales and earnings growth driven by solid core brand and new product performance," said John P. Bilbrey, President and Chief Executive Officer, The Hershey Company. “Our intellectual capital and Insights Driven Performance program initiatives continue to provide us with a competitive advantage in the marketplace. The marketing and sales teams are working collaboratively against the same goal of winning in the marketplace. This has resulted in solid in-store execution related to core brand merchandising and programming as well as new product distribution. Combined with supply chain efficiencies, we have the financial flexibility to invest in our greatest opportunities to drive global growth and deliver on our objectives."
For earnings history and earnings-related data on Hershey Foods Corp. (HSY) click here.
Hershey Foods Corp. sees FY2013 EPS of $3.68-$3.71, versus the consensus of $3.65.
"We delivered another quarter of strong sales and earnings growth driven by solid core brand and new product performance," said John P. Bilbrey, President and Chief Executive Officer, The Hershey Company. “Our intellectual capital and Insights Driven Performance program initiatives continue to provide us with a competitive advantage in the marketplace. The marketing and sales teams are working collaboratively against the same goal of winning in the marketplace. This has resulted in solid in-store execution related to core brand merchandising and programming as well as new product distribution. Combined with supply chain efficiencies, we have the financial flexibility to invest in our greatest opportunities to drive global growth and deliver on our objectives."
For earnings history and earnings-related data on Hershey Foods Corp. (HSY) click here.
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