Hershey reports Q2 earnings at 6:45 AM ET as cocoa costs stay sky-high and the confectioner tests whether consumers will stomach steeper prices without ditching candy.
Hershey :
HSY
HSY
Stock Data
$182.23
$0.79 (0.43%)
Asset Type
Common Stock
Exchange
NYSE
Currency
USD
Country
USA
Sector
CONSUMER DEFENSIVE
Industry
CONFECTIONERS
The Hershey Company is a renowned manufacturer of confectionery products and pantry items, known globally for its wide range of sweet treats and snacks. With a portfolio that includes chocolate, gum, mints, protein bars, baking ingredients, and more, Hershey caters to a variety of tastes. Its products, which are sold under iconic brands like Hershey’s, Reese’s, and Kit Kat, are available in about 80 countries. Founded in 1894 and based in Hershey, Pennsylvania, the company has become synonymous with chocolate and confectionery, making it a household name in the snack food industry.
Latest Activity
Hershey's 33% earnings beat marks four straight quarters of topping EPS forecasts, with pricing gains of roughly 12 points driving organic growth even as volume softened from elasticity. The chocolate maker guided full-year adjusted EPS growth to 32.5% to 35%, signaling confidence it can sustain price increases without killing demand.
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