Hershey (HSY) Benefits From Robust Buyouts & Innovation
Hershey(HSY) ZACKS·2024-07-11 22:10
The Hershey Company (HSY) maintains a robust lineup of established brands through prudent acquisitions. As a leading snacks company, it actively invests in its brands and capabilities to foster growth. Management is effectively executing strategic pricing strategies. However, HSY encounters challenges posed by the current high-cost environment.Let’s delve deeper.Gains From BuyoutsHershey is undertaking buyouts to augment portfolio strength and boost revenues. In April 2023, the company signed an agreement t ...