The Hershey Company (NYSE: HSY) recently reported its Q1 2024 earnings, surpassing both top and bottom-line estimates. With a Non-GAAP EPS of $3.07, exceeding expectations by $0.31, and a revenue of $3.25 billion marking an 8.7% year-over-year increase, Hershey has demonstrated robust performance in the face of evolving economic conditions and high cocoa prices. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. The company’s organic, constant currency ...

财务数据和关键指标变化 - 公司第一季度销售表现良好,扣除库存影响,北美糖果业务有2%的有机销售增长,超出预期 [12][13] - 公司毛利率预计在第二季度将出现高单位数下降,主要是由于第一季度的固定成本吸收效应将在第二季度完全逆转 [39][50] - 公司预计全年毛利率将下降约200个基点,主要受原材料成本上涨影响,但生产效率提升等措施将部分抵消 [78][79] 各条业务线数据和关键指标变化 - 糖果业务在节日季节如情人节和复活节表现良好,市场份额超出预期 [13][30] - 咸味零食业务整体表现符合预期,其中Dots表现强劲,Skinny Pop仍受压力 [32][33] 各个市场数据和关键指标变化 - 公司在欧洲市场主要通过差异化产品如Reese's获得成功,未来将继续专注于有利可图的差异化业务 [111][112] - 公司在便利店渠道表现稳定,大型连锁店和折扣店渠道表现强劲 [44][75] 公司战略和发展方向及行业竞争 - 公司将继续投资于品牌建设和创新,认为这是关键的业务模式 [53][54] - 公司密切关注原材料价格波动,采取多种措施应对,包括原料来源多元化、配方调整等 [21][22][23] - 公司认为行业内竞争对手的创新表现是导致行业整体增长放缓的一个重要因素 [30] 管理层对经营环境和未来前景的评论 - 公司预计随着SNAP补助减少的影响逐步消退,消费者价值导向行为将有所改善 [25][75] - 公司认为节日季节表现良好,有望带动下半年业务增长,但增速可能会有所放缓 [58][59] - 公司对未来一年的成本压力和定价策略保持谨慎,将在第二季度稳定后评估定价空间 [63][64] 问答环节重要的提问和回答 问题1 **Andrew Lazar 提问** 询问公司北美糖果业务的有机销售增长和市场份额变化情况 [12] **Michele Buck 回答** 公司第一季度北美糖果业务有机销售增长2%,超出预期,主要得益于节日季节和新品Reese's Caramel的强劲表现 [13][14] 问题2 **Alexia Howard 提问** 询问公司在应对可可价格波动方面采取的措施 [21] **Steve Voskuil 回答** 公司采取多种措施应对,包括原料来源多元化、配方调整等,以提高供应链的灵活性 [22][23] 问题3 **Ken Goldman 提问** 询问公司咸味零食业务的利润率情况 [31] **Michele Buck 回答** 公司咸味零食业务一季度利润率最低,但预计随着广告投入增加和销售改善,利润率将在后续季度有所提升 [32][33]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______to_______ Commission file number 1-183 THE HERSHEY COMPANY (Exact name of registrant as specified in its charter) Delaware 23-0691590 (State or other jurisdiction ...

HERSHEY, Pa., May 3, 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. The dividends were declared May 2, 2024, and are payable June 14, 2024, to stockholders of record as of May 17, 2024. It is the 377th consecutive regular dividend on the Common Stock and the 158th consecutive regular dividend on the Class B Common Stock. SOURCE The Hershey Company ...

Exhibit 99.1 FINANCIAL CONTACT: MEDIA CONTACT: Melissa Poole Allison Kleinfelter mpoole@hersheys.com akleinfelter@hersheys.com Hershey Reports First-Quarter 2024 Financial Results; Reaffirms 2024 Net Sales and Earnings Outlook HERSHEY, Pa., May 3, 2024 - The Hershey Company (NYSE: HSY) today announced net sales and earnings for the first quarter ended March 31, 2024, and reaffirmed its 2024 net sales and earnings outlook. “We are off to a strong start and remain on track to deliver our business strategies a ...

Although the demand for inflation-resistant stocks has fallen in the past six to 12 months as consumer prices have moderated, JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon isn’t convinced inflation has gone the way of the dodo bird. “Many key economic indicators today continue to be good and possibly improving, including inflation. But when looking ahead to tomorrow, conditions that will affect the future should be considered. For example, there seems to be a large number of persistent inflationary pressures, w ...

Investors are always looking for stocks that are poised to beat at earnings season and The Hershey Company (HSY) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Hershey is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to- date information possible — is a pretty good ...

As The Hershey Company (HSY) prepares to release its first-quarter 2024 earnings results on May 3, before market open, investors are evaluating the potential opportunities and risks tied to the company. Despite Hershey’s enticing investment profile, underpinned by a strong brand portfolio, customer-centric innovations, pricing leverage and financial resilience, it comes with its set of uncertainties. Analysts' expectations paint a mixed picture for Hershey’s upcoming release, with the Zacks Consensus Estima ...

Wall Street analysts expect Hershey (HSY) to post quarterly earnings of $2.72 per share in its upcoming report, which indicates a year-over-year decline of 8.1%. Revenues are expected to be $3.12 billion, up 4.3% from the year-ago quarter. Over the last 30 days, there has been an upward revision of 0.4% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Ahe ...

Investors are closely watching how major chocolate manufacturers Hershey and Mondelez International will address the recent sharp increases in cocoa and sugar prices as they release their first-quarter results this week. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins. Both companies have faced elevated costs over the past several quarters, partly mitigating these through consumer price hikes. Challenges posed by cocoa price surge and crop issues Copy ...