Hershey Reports Third-Quarter 2019 Financial Results; Updates 2019 Net Sales Outlook for the Acquisition of ONE Brands
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Hershey Foods (HSY) Tops Q3 EPS by 1c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus
October 24, 2019 7:06 AM EDTHershey Foods (NYSE: HSY) reported Q3 EPS of $1.61, $0.01 better than the analyst estimate of $1.60. Revenue for the quarter came in at $2.13 billion versus the consensus estimate of $2.12 billion.
Third-Quarter 2019 Financial Results Summary1
Consolidated net sales of $2,134.4 million, an increase of 2.6%.Organic constant currency net sales increased 1.6%.The net impact of acquisitions and divestitures on net sales was a 1.2 point benefit, while foreign currency exchange was a 0.2 point... More