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The Hershey Company (GB:0J4X)
LSE:0J4X
Holding GB:0J4X?
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Earnings Data
Report Date
Jan 30, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$2.38Last Year’s EPS
$2.02Same Quarter Last Year
Moderate Sell
Based on 19 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: -3.04%
|Next Earnings Date:Jan 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted Hershey's strong category resilience, successful innovation initiatives, and leadership changes while acknowledging challenges such as increased competition, cost pressures from inflation, and impacts from GLP-1 drugs. The overall sentiment reflects a balanced outlook with significant challenges that offset the positive aspects.Company Guidance
During the Hershey Company's Q3 2024 earnings call, guidance for the next year was discussed with several key metrics outlined. The company anticipates a top-line growth in the range of 2% to 4%, consistent with their long-term growth algorithm. Pricing for 2025 is expected to mirror 2024 levels, driven by previous price increases continuing to flow through the market. Elasticity is anticipated to align with historical norms. Inflationary pressures, particularly from cocoa and sugar, are projected to be significant, potentially leading to higher overall cost of goods sold. The company is also planning to bolster productivity efforts while maintaining robust marketing investments to drive brand strength and share growth. Additionally, there is an expectation of improved market conditions and execution, with fewer headwinds such as inventory adjustments and competitive pressures anticipated in 2025 compared to 2024.Category Resiliency
The chocolate category continues to grow at around 2%, outpacing other snack categories, indicating strong category resilience.
Successful Halloween and Innovation
Hershey had a successful Halloween season with expectations of winning market share and increasing momentum through innovation in sweets.
Strong Innovation and Expansion
The company reported strong innovation initiatives, particularly in sweets and SkinnyPop, with expectations of ongoing recovery and expansion in new markets.
New Leadership
Hershey appointed a new head of North America Confectionery from PepsiCo, expected to bring a fresh perspective and deepen customer relationships.
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GB:0J4X Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:0J4X Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $176.69 | $170.84 | -3.31% |
| Aug 01, 2024 | $194.85 | $193.49 | -0.70% |
| May 03, 2024 | $190.72 | $194.04 | +1.74% |
| Feb 08, 2024 | $189.57 | $199.01 | +4.98% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does The Hershey Company (GB:0J4X) report earnings?
The Hershey Company (GB:0J4X) is schdueled to report earning on Jan 30, 2025, TBA Not Confirmed.
What is The Hershey Company (GB:0J4X) earnings time?
The Hershey Company (GB:0J4X) earnings time is at Jan 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of The Hershey Company stock?
The P/E ratio of The Hershey Company is 19.6.
What is GB:0J4X EPS forecast?
GB:0J4X EPS forecast for the fiscal quarter 2024 (Q4) is $2.38.
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