Hershey Foods (HSY) Tops Q1 EPS by 6c; Updates Outlook
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Hershey Announces First-Quarter Results; Updates 2017 Outlook
April 26, 2017 7:00 AM EDTFirst-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, respectivelyÂÂ 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