Hershey Foods (HSY) to Cut Workforce by 15%
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Hershey Details Strategy for Continued Growth
February 28, 2017 4:30 PM ESTMargin for Growth program expected to enable investments in business model and generate about 22% to 23% adjusted operating profit margin by year end 2019Updates long-term constant currency net sales growth target to +2-4%; reaffirms long-term adjusted earnings per share-diluted growth target of +6-8%2017 reported earnings per share-diluted expected to be in the $3.19 to $3.45 rangeOutlook for 2017 net sales and adjusted earnings per share-diluted reaffirmed:- Full year net sales expected to increase 2% to 3%- Adjusted earnings per share-diluted expected to increase 7% to 9% and be... More
