The Hershey Company (HSY) has been the focus of multiple financial transactions recently. These include large acquisitions by several stakeholders such as Private Advisor Group and Mcrae Capital Management, while others like JLB & Associates Inc. and Savant Capital LLC have reduced their shares. The company has also embarked on a $2 billion debt offering and introduced a new series of notes. Wall Street appears divided between bullish and bearish on Hershey's future, with some highlighting Hershey as a low-cost, high dividend investment, while others predict a significant consequent EPS drop. The company's Q4 2024 sales results exceeded expectations, and it has reaffirmed its earnings outlook for 2025. Hershey also announced changes in leadership positions and a potential CEO succession. Despite the turbulence, Hershey maintains its new product launches, recently announcing Halloween and Easter themed treats. The company has also launched some interesting initiatives where they partnered with Ground Up, aiming to enhance chocolate production in Côte d'Ivoire.
The Hershey Company HSY News Analytics from Thu, 08 Aug 2024 07:00:00 GMT to Sat, 22 Feb 2025 14:50:07 GMT -
Rating 5
- Innovation -2
- Information 8
- Rumor -1
