HSY Stock Recent News

Hershey Co. HSY shares are down 7.1% premarket after the chocolate and salty snacks company reported a second-quarter top and bottom line miss and lowered its 2024 guidance. Hershey reported net income of $180.9 million, or 89 cents a share, down from $407 million, or $1.98 a share, in the same period last year.

HERSHEY, Pa. , Aug. 1, 2024 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $1.370 on the Common Stock and $1.245 on the Class B Common Stock.

HERSHEY, Pa. , Aug. 1, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the second quarter ended June 30, 2024 and updated its 2024 net sales and earnings outlook.

Dividend growth stocks have historically been top performers. Hershey has an 11.9% five-year dividend growth rate with a 2.83% yield.

Hershey's (HSY) Q2 results are likely to reflect gains from brand strength, but high commodity costs, increased selling, marketing and administrative expenses and currency volatility are concerns.

Beyond analysts' top -and-bottom-line estimates for Hershey (HSY), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

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.

In the latest trading session, Hershey (HSY) closed at $192.10, marking a +1.14% move from the previous day.

Investing ledged Warren Buffett (Trades, Portfolio) has said, “It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.”

In the closing of the recent trading day, Hershey (HSY) stood at $191.29, denoting a +0.07% change from the preceding trading day.