Hershey Foods (HSY) Misses Q4 EPS by 4c, Offers Guidance
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Hershey Announces Fourth-Quarter and Full-Year 2017 Results; Provides 2018 Outlook
February 1, 2018 7:00 AM ESTFourth-quarter net sales declined 1.6%; full-year net sales increased 1.0%, including the impact of acquisitions and foreign currency exchange rates  Fourth-quarter and full-year foreign currency exchange rates a benefit of 0.4 points and 0.2 points, respectively  Acquisitions a 0.3 point contribution to full-year sales growthFourth-quarter earnings per share-diluted of $0.85 as reported and $1.03 adjustedFull-year 2017 earnings per share-diluted of $3.66 as reported and $4.76 adjustedOutlook for 2018 provided:  Full-year reported net sales expected to increase 5% to 7%:    ... More
