|Bid||135.18 x 1000|
|Ask||139.40 x 1400|
|Day's range||133.86 - 136.94|
|52-week range||109.88 - 162.20|
|Beta (5Y monthly)||0.18|
|PE ratio (TTM)||25.60|
|Earnings date||23 Jul 2020 - 27 Jul 2020|
|Forward dividend & yield||3.09 (2.28%)|
|Ex-dividend date||21 May 2020|
|1y target est||143.13|
HERSHEY, Pa., May 27, 2020 -- The Hershey Company (NYSE: HSY) announced today the pricing of its offering of $300,000,000 of 0.900% notes due 2025, $350,000,000 of 1.700% notes.
The company, the maker of Ice Breakers and Kisses, said its second-quarter performance would also be impacted due to a decline in its food service business and stunted candy sales at airports and stores. "We have also experienced a decrease in retail foot traffic and volatility in consumer shopping and consumption behavior across several areas of our portfolio, which has negatively impacted sales of our portable and on-the-go consumption products," the company said in a filing http://www.sec.gov/Archives/edgar/data/47111/000004711120000027/0000047111-20-000027-index.htm. Hershey has for long been betting on its nutritious and on-the-go snack portfolio, a hit with health-conscious consumers who would pick up protein bars before heading to work.
The Hershey Company (HSY) announced today that it is offering to sell notes in a public offering (the “Notes Offering”). The Hershey Company intends to use the net proceeds of the Notes Offering to repay a portion of the commercial paper it has issued, pay fees and expenses related to the offering and for general corporate purposes. A registration statement relating to the Notes Offering has been filed with the U.S. Securities and Exchange Commission and is effective.
The Hershey Company (HSY) today announced an expansion of its Cocoa For Good program, committing to 100% direct-sourced cocoa in high-risk areas by 2025, which will include all of its cocoa sourced by its suppliers from Cote d’Ivoire and Ghana. This expanded commitment will make Hershey’s cocoa from these countries traceable from the farm to the first point of purchase, giving Hershey a clear line of sight into where all of its cocoa from West Africa is grown and how it is produced – providing more transparency for consumers and all stakeholders. In 2012, as part of the company’s long-standing efforts to create more sustainable cocoa communities, Hershey committed to sourcing 100% certified and sustainable cocoa by 2020 – a goal it reached in January 2020.
Hershey (HSY) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
HERSHEY, Pa., May 18, 2020 -- The Hershey Company (NYSE: HSY) today announced the election of Victor L. Crawford to its board of directors. Crawford is the newest Hershey board.
Scientists tell us that chocolate consumption encourages our brains to release feel-good endorphins, like when you're falling in love. Since The Hershey Company (NYSE: HSY) makes several chocolate products that are delicious, and it recently released its first-quarter earnings report, it seems like the right time to evaluate the stock to see if the chocolate will keep coming. Hershey's management said that pre-pandemic, expectations were fully on track for both the first quarter and full year.
The Hershey Company (HSY) today announced that it is committing $1 million to acquire, install and staff a new manufacturing line dedicated to the production of facemasks. “Supporting our communities in difficult times is part of our legacy, and an important value that our current employees share,” said Michele Buck, President and CEO. “Disposable masks will be an integral piece of protecting the health and safety of our employees, their families and our community as we move forward over the weeks and months ahead,” said Jason Reiman, Chief Supply Chain Officer.
"A significant number of American households are not working and experiencing meaningful financial pressures," Chief Executive Officer Michele Buck said on a post-earnings call. The kisses chocolate maker also said social distancing practices have also hit gum and mint sales that are usually sold at the checkout counters, while demand for baking products soared. Hershey's net sales rose 1% to $2.04 billion (1.65 billion pounds) in the first quarter ended March 29, but fell short of the average analyst estimate of $2.08 billion, according to IBES data from Refinitiv data.
Hershey's (HSY) first-quarter 2020 results reflect improved earnings and sales year over year. However, management withdraws 2020 view due to the uncertainty surrounding the coronavirus impact.
Hershey (HSY) delivered earnings and revenue surprises of -4.12% and -2.07%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
HERSHEY, Pa., April 23, 2020 -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $0.773 on the Common Stock and $0.702 on the.
HERSHEY, Pa., April 23, 2020 -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the first quarter ended March 29, 2020. “We had a solid start to the.
Hershey (HSY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Benefits from innovation and acquisitions are likely to get reflected in Hershey's (HSY) first-quarter 2020 performance. Also, focus on efficient pricing strategies bodes well.
Hershey (HSY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
HERSHEY, Pa., April 06, 2020 -- The Hershey Company (NYSE:HSY) announced today that it will release its first-quarter sales and earnings results on Thursday, April 23, 2020,.
Gym closed during the coronavirus pandemic? No problem. Here are some helpful tips to staying healthy from the founder and CEO of Life Time Fitness.
The Hershey Company (HSY) today announced it will temporarily close its Hershey’s Chocolate World locations in Hershey, Pa., and in Times Square, New York City, starting with usual closing time on Sunday evening, March 15, for two weeks. Hershey’s Chocolate World locations in Niagara, Canada, and Las Vegas, Nev., will remain open until further notice in line with the current situation in these local communities. Guests who have purchased tickets for one of the Chocolate World attractions at the Hershey, Pa., location that is scheduled to occur during the time of this closure will receive a full refund by calling the main Chocolate World number at 717-534-4900 and following the menu prompts.
Hershey (HSY) has been undertaking buyouts to augment the portfolio. Also, its focus on innovation and efforts to enhance operating efficiency bode well.