Hershey (HSY) hikes wholesale prices across the board to help offset rising raw material costs....

|About: The Hershey Company (HSY)|By:, SA News Editor

Hershey (HSY) hikes wholesale prices across the board to help offset rising raw material costs. Increases will average about 9.7% across all "instant consumable, multi-pack, packaged candy and grocery lines," the company says. Hershey reaffirms FY2011 EPS estimate of $2.70-$2.76 vs. $2.78 consensus. (PR)