Hershey Announces Second-Quarter Results; Updates Outlook for 2016

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Hershey Foods (HSY) Tops Q2 EPS by 7c

July 28, 2016 7:27 AM EDT

Hershey Foods (NYSE: HSY) reported Q2 EPS of $0.85, $0.07 better than the analyst estimate of $0.78. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.61 billion.

Second-quarter operating results were better than our estimates as North America and International sales sequentially improved, as expected, versus last quarter, said John P. Bilbrey, Chairman, President and Chief Executive Officer, The Hershey Company. Performance partially benefited from the timing of select... More

Hershey Foods (HSY) Declares $0.032 Quarterly Dividend; 0.1% Yield

July 28, 2016 7:03 AM EDT

Hershey Foods (NYSE: HSY) declared a quarterly dividend of $0.032 per share, or $0.128 annualized.

The dividend will be payable on September 15, 2016, to stockholders of record on August 25, 2016, with an ex-dividend date of August 23, 2016.

The annual yield on the dividend is 0.1 percent.

For... More