Hershey Reports First-Quarter 2020 Financial Results

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Hershey Foods (HSY) Misses Q1 EPS by 8c, Withdraws FY20 Guidance

April 23, 2020 7:01 AM EDT

Hershey Foods (NYSE: HSY) reported Q1 EPS of $1.63, $0.08 worse than the analyst estimate of $1.71. Revenue for the quarter came in at $2.04 billion versus the consensus estimate of $2.08 billion.

2020 Full-Year Financial Outlook

The company's previously issued net sales and earnings guidance on January 30, 2020, did not... More