Hershey (HSY) Q4 Earnings Beat Estimates, Revenues Miss
Hershey(HSY) Zacks Investment Research·2024-02-09 01:00
The Hershey Company (HSY) has delivered fourth-quarter 2023 results, with the bottom line remaining flat year over year. While earnings beat the Zacks Consensus Estimate, revenues missed the same.The company is navigating a challenging market, with a focus on innovation and consumer trends, despite facing cost pressures from high cocoa prices. It is optimistic about driving growth through marketing, innovation and brand investment. Additionally, Hershey is prioritizing productivity and transformation to enh ...