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Hershey Company stock rises on earnings beat, bullish guidance

Citing Rising Cost Of Ingredients, Hershey"s Raises Prices 8 Percent

Scott Olson

The Hershey Company (NYSE:HSY) stock rose sharply on Thursday after topping earnings Q4 earnings expectations.

For the fourth quarter, the Pennsylvania-based company posted $2.02 in earnings per share, exceeding estimates by $0.25. Meanwhile, a 13.7% jump in revenue to $2.65B edged out expectations by $70M.

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Comments (4)

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Aeroboy profile picture
Have been watching for a few months. Bought a small position 2-3 weeks ago on a small dip, glad I did.
Big moat on this one.. happy to be an owner.. they are executing well!
I bought HSY in the $80s when it was struggling with its Chinese Golden Monkey acquisition (thankfully HSY dumped it). Now it's my 3rd largest holding and one of my best investments. HSY is a generational holding that you can pass down to your kids.
@TomSJ Agree I just wish i had more of it.. I keep buying and dripping!
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