Hershey Reports Second-Quarter 2019 Financial Results; Updates 2019 Net Sales and Earnings Outlook

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Hershey Foods (HSY) Tops Q2 EPS by 14c; Offers FY19 EPS Mid-Point Guidance Below Consensus

July 25, 2019 7:12 AM EDT

Hershey Foods (NYSE: HSY) reported Q2 EPS of $1.31, $0.14 better than the analyst estimate of $1.17. Revenue for the quarter came in at $1.77 billion versus the consensus estimate of $1.77 billion.

We are pleased with our second quarter results and the momentum we are seeing behind our key initiatives for this year, said Michele Buck, The Hershey Company President and Chief Executive Officer. We... More