The Hershey Company (NYSE: HSY), a multinational confectionary company, reported a decrease in net sales and adjusted profit for the third quarter of 2024.
- Consolidated net sales declined 1.4% year-over-year to $2.99 billion in the third quarter of 2024
- Organic sales, on a constant-currency basis, decreased 1.0% annually during the three months
- Q3 net income came in at $446.3 million or $2.20 per share, compared to $518.6 million or $2.52 per share a year earlier
- Adjusted earnings declined to $2.34 per share in the September quarter from $2.60 per share in Q3 2023
- For fiscal 2024, the management expects net sales growth to be flat year-over-year
- Full-year earnings per share, on a reported basis, are expected to decline between 9% and 6%
- It is looking for a mid-single-digits decrease in FY24 adjusted earnings per share, compared to the prior year
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
Infographic: Halliburton (HAL) Q3 2024 revenue and profit decline YoY
Energy giant Halliburton Company (NYSE: HAL) Thursday announced financial results for the third quarter of 2024, reporting lower revenues and profit. Third-quarter revenue declined 2% annually to $5.70 billion. Revenues
Beyond Meat (BYND) Earnings: 3Q24 Key Numbers
Beyond Meat, Inc. (NASDAQ: BYND) reported net revenues of $81 million for the third quarter of 2024, up 7.6% year-over-year. Net loss was $26.6 million, or $0.41 per share, compared
TTWO Earnings: All you need to know about Take-Two Interactive’s Q2 2025 earnings results
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported its second quarter 2025 earnings results today. Net revenue increased 4% year-over-year to $1.35 billion. GAAP net loss was $365.5 million, or $2.08
