Categories Earnings, LATEST, Retail

The Hershey Company (NYSE: HSY): Q3 2019 Earnings Snapshot

– The Hershey Company (NYSE: HSY) reported a 4% rise in third-quarter adjusted earnings to $1.61 per share, vs. $1.6 per share expected

— Unadjusted profit rose to $325.3 million or $1.54 per share from $263.7 million or $1.25 per share in the year-ago quarter

— Consolidated net sales increased 2.6% to $2.13 billion, vs. $2.12 billion expected

— Full-year 2019 reported net sales expected to increase around 2.5%, up from the earlier guidance of around 2%

— Full-year reported earnings per share expected to be in the $5.54 to $5.66 range – between a year-over-year decline of 1% and an increase of 1%

— Full-year adjusted earnings per share expected to be in the $5.68 to $5.74 range, an increase of 6% to 7%

Listen to publicly listed companies’ earnings conference calls along with the edited closed caption text

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