Hershey Announces First-Quarter Results; Updates Outlook for 2015

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Hershey Foods (HSY) Misses Q1 EPS by 7c; Trims FY15 Sales Growth Outlook

April 23, 2015 7:19 AM EDT

Hershey Foods (NYSE: HSY) reported Q1 EPS of $1.10, $0.07 worse than the analyst estimate of $1.17. Revenue for the quarter came in at $1.94 billion versus the consensus estimate of $1.96 billion.

Full-year net sales expected to increase 4.5 to 5.5 percent, including a net benefit from acquisitions and... More