Hershey Foods (HSY) Declares $0.901 Quarterly Dividend; 2% Yield
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Halloween sugar rush sweetens Hershey's 2021 outlook
October 28, 2021 6:52 AM EDTBy Mehr Bedi
(Reuters) - Hershey Co raised its annual forecasts for sales and profit on Thursday after posting better-than expected results, benefiting from strong demand for its chocolates and candies during its "biggest ever" Halloween season.
Demand for the company's products such as Reese's Peanut Butter Cups and KitKat chocolates strengthened around the October holiday after the pandemic curtailed trick-or-treating events last year.
... MoreHershey Foods (HSY) Tops Q3 EPS by 11c, Offers FY Guidance
October 28, 2021 6:47 AM EDTHershey Foods (NYSE: HSY) reported Q3 EPS of $2.10, $0.11 better than the analyst estimate of $1.99. Revenue for the quarter came in at $2.36 billion versus the consensus estimate of $2.3 billion.
2021 Full-Year Financial Outlook
The company is updating its 2021 net sales and earnings... More
