Seeking Alpha

Hershey is full of treats at CAGNY

  • Hershey (HSY +0.5%) reaffirmed its previous guidance on sales, margins, and EPS during a presentation at the Consumer Analyst Group of New York conference. Just holding serve was a decent result with other multinationals struggling with emerging markets.
  • A focus by Hershey will be to build its brands (new and old) in global markets.
  • Sales growth rates should get a boost from recent acquisitions.
  • The company says its board approved a new $250M buyback allowance.
  • Presentation webcast
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