The Hershey Company (HSY) has been a frequent highlight in financial and investment discussions. Its stock seems to be performing well, shown by the
12% Compound Annual Growth Rate (CAGR) enjoyed by HSY shareholders over the past five years. Institutional investors favor the company, with
around 87% of the company held by such parties. There have been several notable events in Hershey's recent history, including the purchase of
Allan Candy to solidify its position in Canada, and the introduction of a
limited-edition Kit Kat Pink Lemonade flavored bar. However, the company is grappling with
cocoa inflation, a factor that may not necessarily affect demand but could impact future earnings. The company's financial performance has generally been solid, with quarterly earnings often
exceeding estimates. However, Quest Partners LLC recently acquired a position in the company, while SVP, CFO Steven Voskuil sold some of his shares. The company also anticipates job losses due to increased automation efforts.
The Hershey Company HSY News Analytics from Tue, 11 Jul 2023 07:00:00 GMT to Sun, 26 May 2024 07:12:14 GMT -
Rating 7
- Innovation 4
- Information 6
- Rumor 1
