Hershey Foods (HSY) Tops Q2 EPS by 18c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Hershey Reports Second-Quarter 2020 Financial Results; Provides 2020 Business Update
July 23, 2020 6:45 AM EDTHERSHEY, Pa., July 23, 2020 (GLOBE NEWSWIRE) -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the second quarter ended June 28, 2020.
Second-Quarter 2020 Financial Results Summary1
Consolidated net sales of $1,707.3 million, a decrease of 3.4%.Organic, constant currency net sales decreased 3.5%.The net impact of acquisitions and divestitures on net sales was a 0.8 point benefit, while foreign currency exchange was a 0.7 point headwind.Reported net income of $268.9 million, or $1.29 per share-diluted, a decrease of 12.8%.Adjusted earnings per... More