Hershey Announces First-Quarter Results; Updates 2017 Outlook
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Hershey (HSY) PT Lowered to $114 at Deutsche Bank; 'Not Enough Crunch'
April 28, 2017 8:25 AM EDTDeutsche Bank lowered its price target on Hershey (NYSE: HSY) to $114.00 (from $117.00) while maintaining a Hold rating.
Analyst Rob Dickerson said a small deceleration in North America snacking, increased competition across the store, and potentially higher brand investment needs coupled with more difficult... More
Hershey Foods (HSY) Tops Q1 EPS by 6c; Updates Outlook
April 26, 2017 7:05 AM EDTHershey Foods (NYSE: HSY) reported Q1 EPS of $1.31, $0.06 better than the analyst estimate of $1.25. Revenue for the quarter came in at $1.88 billion versus the consensus estimate of $1.89 billion.
Im pleased with our first-quarter results, which were driven by seasonal sales growth, the roll-out of Hersheys... More
