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3 Reasons to Buy Hershey Stock Like There's No Tomorrow
The Motley Fool· 2024-09-15 19:45
Chocolate giant Hershey doesn't go on sale very often, so now is the time to jump in despite the cocoa headwinds.When you can purchase a great company at a fair price, it is often a good time to buy. When the price tag looks cheap, it can be a great time to buy.Confectioner Hershey (HSY 1.19%) looks somewhere between fairly priced and cheap. Don't miss the chance to buy it because of a little near-term uncertainty. Here are three big reasons to jump at the chance to own the stock today.1. Hershey looks like ...
Jolly Rancher Unleashes the Fruitiest Ropes, Inside and Out, with the Launch of Jolly Rancher Ropes
Prnewswire· 2024-09-12 21:05
Experience bold fruit flavor in every chewy bite with two iconic Jolly Rancher flavors in each bag HERSHEY, Pa., Sept. 12, 2024 /PRNewswire/ -- Get ready to rope in the flavor! Jolly Rancher announces the launch of its newest sensation: Jolly Rancher Ropes. These new mouthwatering treats add a punch of bold fruit flavor with every bite. Offering a twist on the iconic Jolly Rancher flavors you already know and love, Jolly Rancher Ropes are here to bring a whole new vibe to your snack stash.The new Jolly Ranc ...
Winnebago Industries Highlights Bold and Innovative Model Year 2025 Line Up from its Leading Premium RV Brands at Hershey RV Show
GlobeNewswire News Room· 2024-09-12 05:36
EDEN PRAIRIE, Minn., Sept. 11, 2024 (GLOBE NEWSWIRE) -- Winnebago Industries, Inc. (NYSE: WGO), a leading outdoor recreation product manufacturer, will highlight its industry-leading lineup of new models and features from premium RV brands, Winnebago, Grand Design RV and Newmar at the Hershey RV Show in Hershey, Pa., Sept. 11-15, 2024. Winnebago Industries will feature nearly 150 new models across its three leading brands, showcasing the latest in technology, design and comfort, allowing consumers to connec ...
Where Will Hershey Stock Be in 5 Years?
The Motley Fool· 2024-09-10 22:15
This chocolate stock could be a tasty addition to your portfolio.It's been a volatile ride for The Hershey Company (HSY -0.17%) and its investors in recent times. The stock is trading modestly higher this year but still down more than 25% from its record high in early 2023. A string of disappointing quarterly results for the confectionery giant amid shifting consumer spending trends and lingering inflationary cost pressures have kept shares under pressure.Despite the sour headlines, there are plenty of reas ...
How Much Will Hershey Pay Out in Dividends This Year?
The Motley Fool· 2024-09-07 21:30
Exercise caution if you're over-focused on Hershey's sweet-looking distributions.Confectionary king Hershey (HSY 0.86%) offers sweet treats for junk-food aficionados and quarterly distributions for income collectors. However, chasing yield with Hershey stock might end up being bad for your financial health.On one hand, Hershey is a well-known and long-established consumer-staples company that has been profitable for many years. On the other hand, while Hershey will almost certainly pay decent dividends this ...
Should Investors Get Sweet on Hershey Stock?
The Motley Fool· 2024-09-07 17:15
The stock may be a buy for a specific group of investors.Owning shares in The Hershey Company (HSY 0.86%) has been a bitter taste in recent months. Rising cocoa prices and less appetite for chocolate left the stock rangebound, and the stock's price is down slightly from year-ago levels.Nonetheless, consumption patterns can go in cycles, and the stock's P/E ratio is near multiyear lows. Does that mean investors should look at Hershey as a buying opportunity?The state of Hershey todayProducts such as the Hers ...
Hershey Names Michael Del Pozzo as President of U.S. Confection
Prnewswire· 2024-09-05 20:30
HERSHEY, Pa., Sept. 5, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced the appointment of Michael Del Pozzo as President, U.S. Confection, effective September 16. In this role, Del Pozzo will lead Hershey's next phase of U.S. growth with a portfolio of iconic brands including Hershey's, Reese's and Jolly Rancher.Del Pozzo will lead Hershey’s next phase of U.S. growthWith a career spanning 23 years at PepsiCo, Del Pozzo brings a wealth of experience in leading growth and transformation f ...
3 Sweet Dividend Stocks to Buy for a Satisfying Passive Income Stream
The Motley Fool· 2024-09-01 19:47
These companies have a knack for turning sugar into cash.The U.S. has a sweet tooth. Americans consume 34 teaspoons of sugar each day, according to the U.S. Department of Agriculture. That adds up to more than 100 pounds every year. That much sugar consumption isn't healthy. However, this sugar addiction is great for the bottom lines of companies focused on making sugary drinks, desserts, and snacks. They generate billions of dollars in profits each year. Many pay a large portion of their earnings to invest ...
Hershey Stock Downgraded on Cocoa Inflation
Schaeffers Investment Research· 2024-08-27 22:10
Even with Halloween fast approaching, Citigroup is staying away from Hershey Co (NYSE:HSY). The analyst in question downgraded the stock to "sell" from "neutral," and lowered its price objective to $182 from $195, noting cocoa inflation and volume challenges may negatively impact earnings.HSY was last seen down 0.8% to trade at $194.80, but the 40-day moving average looks ready to contain this pullback. Shares have been retreating after jumping to their highest level since May earlier this month, and carry ...
Hershey: Challenging Macroeconomic Environment, But We Don't Recommend Selling It
Seeking Alpha· 2024-08-19 13:57
memoriesarecaptured The Hershey Company (NYSE:HSY), together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. We started covering HSY's stock in July 2022, assigning the firm a bullish rating. We maintained our positive view of the business until March 2024, when we have downgraded to neutral, primarily due to the declining net sales and muted outlook for the rest of 2024. Concerns about possible overvaluation hav ...