Hershey reports Q3 adjusted EPS $2.34, consensus $2.56

Reports Q3 revenue $2.99B, consensus $3.08B. “We believe in the resiliency of our snacking categories and the strength of our brands,” said Michele Buck, The Hershey (HSY) Company President and Chief Executive Officer. “While year-to-date results have been affected by historically high cocoa prices and a challenging consumer environment, we are laser-focused on controlling what we can and are acting with immediacy to deliver value to customers, consumers and shareholders. Our priorities are to drive top-line and market share growth by winning in-store with key customers, expanding our chocolate portfolio, accelerating sweets, and maximizing our seasonal strength.”