Welcome to our dedicated news page for The Hershey Company (Ticker: HSY), a resource for investors and traders seeking the latest updates and insights on The Hershey Company.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect The Hershey Company's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of The Hershey Company's position in the market.
Rhea-AI Summary
The Hershey Company (HSY) will release its first-quarter sales and earnings results on May 3, 2024, and hold a conference call with analysts at 8:30 a.m. ET. The conference call will be available via a live webcast on the Hershey corporate website.
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End-of-Day
0.2%
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The Hershey Company has been recognized for the second consecutive year as one of the World's Most Ethical Companies by Ethisphere. This prestigious designation highlights Hershey's commitment to ethical business practices, leading to financial outperformance compared to its peers. The 2024 honorees include 136 companies from 20 countries and 44 industries, showcasing a 13.6% outperformance over a five-year period. The rigorous assessment process by Ethisphere emphasizes culture of ethics, ESG practices, compliance programs, diversity, equity, and inclusion efforts.
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Hershey introduces Reese's Peanut Butter Mini Eggs Unwrapped, a new Easter treat, along with other innovative delights for the season. The company aims to create moments of joy and togetherness with its seasonal products.
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-0.76%
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Hershey Company presents growth strategies at CAGNY conference, reaffirms 2024 financial outlook. Net sales growth expected at 2-3%, flat earnings per share. Access presentation on corporate website.
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End-of-Day
1.26%
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The Hershey Company (NYSE: HSY) has announced a 15% increase in quarterly dividends for both Common Stock and Class B Common Stock. The dividends of $1.370 and $1.245 per share, respectively, were declared on February 7, 2024, and are payable on March 15, 2024, to stockholders of record as of February 20, 2024. This marks the 376th consecutive regular dividend on the Common Stock and the 157th consecutive regular dividend on the Class B Common Stock.
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Rhea-AI Sentiment
End-of-Day
4.14%
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The Hershey Company (NYSE: HSY) announced net sales and earnings for the fourth quarter and full-year ended December 31, 2023. The company reported consolidated net sales of $2,657.1 million for the fourth quarter, with an increase of 0.2%. For the full year, net sales increased by 7.2% to $11,165.0 million. The reported net income for the full year was $1,861.8 million, an increase of 13.8%. The company projects a net sales growth of 2% to 3% for 2024, driven primarily by net price realization. However, the reported earnings per share are expected to be relatively flat due to higher cocoa and sugar costs, as well as one-time expenses related to the Q2 ERP implementation and planned incremental cost savings initiatives.
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Rhea-AI Sentiment
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4.14%
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The Hershey Company (HSY) will make a presentation at the 2024 Consumer Analyst Group of New York conference, with Chairman Michele G. Buck and CFO Steven E. Voskuil as speakers. The webcast will be available on the company's website.
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-0.64%
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The Hershey Company (HSY) announces Reese's brand will air a new commercial during the 'Big Game' to showcase its iconic peanut butter cups. With a 9.1% CAGR over the past four years, Reese's is the #1 candy brand in the US and can be found in over 80% of American households.
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Rhea-AI Sentiment
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2.03%
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The Hershey Company (NYSE:HSY) will release its fourth-quarter sales and earnings results on February 8, 2024, and hold a conference call with analysts at 8:30 a.m. ET on that date. The company will host the conference call via a live webcast on the Hershey corporate website.
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-1.5%
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Hershey (HSY) introduces new and returning seasonal favorites for Valentine's Day, including Hershey's Kisses Milk Chocolates with Snoopy & Friends Foils and Heart Box, Cadbury Caramello Miniatures, Reese's Peanut Butter Cups Giant Heart Box, Hershey's Kisses Chocolate Dipped Strawberry Flavored candies, and Hershey's Milk Chocolate Hearts King-Sized Bar. The company aims to inspire sweet connections with all those cherished on Valentine's Day, with products available nationwide for a limited time starting January 2024.
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Rhea-AI Sentiment
End-of-Day
-0.1%
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The Hershey Company
NYSE:HSY
HSY Rankings
HSY Stock Data
39.56B
146.65M
0.27%
80.9%
2.1%
Chocolate and Confectionery Manufacturing from Cacao Beans
Manufacturing
United States of America
HERSHEY
About HSY
the hershey company, headquartered in hershey, pa., is a global confectionery leader known for bringing goodness to the world through its chocolate, sweets, mints and other great-tasting snacks. hershey has approximately 18,000 employees around the world who work every day to deliver delicious, quality products. the company, which has more than 80 brands around the world that drive over $7.4 billion in annual revenues, includes such iconic brand names as hershey's, reese's, hershey's kisses, jolly rancher and ice breakers. hershey is focused on growing its presence in key international markets while continuing to build its competitive advantage in north america. additionally, hershey is poised to expand its portfolio into categories beyond confectionery, finding new ways to bring goodness to people everywhere. at hershey, goodness has always been about more than delicious products. for 120 years, hershey has been committed to good business by operating fairly, ethically and sustainably