Hershey Foods (HSY) Tops Q4 EPS by 4c

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Hershey Reports Fourth-Quarter and Full-Year 2019 Financial Results; Provides 2020 Outlook

January 30, 2020 7:01 AM EST

HERSHEY, Pa., Jan. 30, 2020 (GLOBE NEWSWIRE) -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the fourth quarter and full year ended December 31, 2019. The company also provided its 2020 reported net sales and earnings outlook.

We had a strong year in 2019 with accelerated business performance and differentiated financial results, said Michele Buck, The Hershey Company President and Chief Executive Officer.  "This was driven by momentum in our core U.S. confection portfolio in both retail takeaway and margin expansion, incremental and profitable international growth, and further expansion of our snacking... More