Hershey Foods (HSY) Tops Q1 EPS by 6c; Updates Outlook

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Go back to Hershey Foods (HSY) Tops Q1 EPS by 6c; Updates Outlook

Hershey Announces First-Quarter Results; Updates 2017 Outlook

April 26, 2017 7:00 AM EDT

First-quarter net sales increased 2.8% including the impact of acquisitions and foreign currency exchange rates

Acquisitions and foreign currency exchange rates a 0.9 point and 0.1 point benefit, respectively 

 First-quarter earnings per share-diluted of $0.58 as reported and $1.31 adjusted Outlook for 2017 updated:

Full-year net sales expected to increase around the low end of the 2% to 3% range, including a net benefit from acquisitions of about 0.5 pointsReported earnings per share-diluted expected to be in the $3.31 to $3.55 rangeAdjusted earnings per... More