Financial PerformanceHershey recently reported results that topped expectations for the past 16 consecutive quarters.
Management ConfidenceManagement has signaled confidence in its outlook with a recent 15% dividend hike.
Market Share GainsNorth America Snacks club wins are still coming through, with Dot's having a 30% increase and a market share gain of 3 percentage points.
Bears Say
Cocoa InflationThese volume challenges could limit HSY’s willingness to price enough to offset looming cocoa inflation.
Earnings EstimatesEarnings estimates for 2024 and 2025 could migrate lower after HSY’s upcoming 2Q24 earnings.
Volume DeclineIn HSY’s large confectionary business, volumes are in decline, and distribution remains in year-over-year decline.
What was The Hershey Company’s price range in the past 12 months?
The Hershey Company lowest stock price was €163.45 and its highest was €219.80 in the past 12 months.
What is The Hershey Company’s market cap?
Currently, no data Available
When is The Hershey Company’s upcoming earnings report date?
The Hershey Company’s upcoming earnings report date is Aug 01, 2024 which is in 6 days.
How were The Hershey Company’s earnings last quarter?
The Hershey Company released its earnings results on May 03, 2024. The company reported €2.818 earnings per share for the quarter, beating the consensus estimate of €2.535 by €0.284.
The Hershey Company pays a Quarterly dividend of €1.26 which represents an annual dividend yield of 2.7%. See more information on The Hershey Company dividends here
What is The Hershey Company’s EPS estimate?
The Hershey Company’s EPS estimate is €1.32.
How many shares outstanding does The Hershey Company have?
The Hershey Company has 147,615,690 shares outstanding.
What happened to The Hershey Company’s price movement after its last earnings report?
The Hershey Company reported an EPS of €2.818 in its last earnings report, beating expectations of €2.535. Following the earnings report the stock price went up 0.626%.
Which hedge fund is a major shareholder of The Hershey Company?
Among the largest hedge funds holding The Hershey Company’s share is Mairs & Power Inc. It holds The Hershey Company’s shares valued at 22M.
Pennsylvania-based The Hershey Co. is one of the largest chocolate manufacturers in the world. The company manufactures and markets chocolate and sugar confectionery products such as cookies, cakes, milkshakes, drinks, and many more that are produced globally. Its brands include Hershey's, Reese's, and Kisses. The company operates through two geographical segments: North America and International and Other.
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