Hershey Foods (HSY) Declares $0.773 Quarterly Dividend; 2.1% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 11/4/2026
Go back to Hershey Foods (HSY) Declares $0.773 Quarterly Dividend; 2.1% Yield
October 24, 2019 7:16 AM EDT
(Reuters) - Hershey Co (NYSE: HSY) raised its full-year revenue forecast after posting third-quarter results that beat Wall Street estimates on Thursday, driven by price increases and investments in snacking brands.
With younger consumers increasingly preferring healthier snacks to sugar-laden chocolates, Hershey has spent billions on acquiring companies with healthier offerings.
...
More
October 24, 2019 7:06 AM EDT
Hershey 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
