Hershey Reports Second-Quarter 2020 Financial Results; Provides 2020 Business Update

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Hershey Foods (HSY) Tops Q2 EPS by 18c

July 23, 2020 6:46 AM EDT

Hershey Foods (NYSE: HSY) reported Q2 EPS of $1.31, $0.18 better than the analyst estimate of $1.13. Revenue for the quarter came in at $1.71 billion versus the consensus estimate of $1.74 billion.

2020 Full-Year Financial Outlook Summary:

The operating environment continues to evolve, and the companys performance improved over the course of the second quarter. The impact of recent spikes in coronavirus cases on consumer mobility, retail operations, government regulations, and the macroeconomic environment, however, remains unclear. As a result, the company is not providing new fiscal... More