Hershey's Sweet Success: Q1 Results Exceed Expectations With 8.9% Sales Growth [Seeking Alpha]
The Hershey Company (HSY)
Last the hershey company earnings: 4/23 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
thehersheycompany.com/en_us/investors.html
Company Research
Source: Seeking Alpha
In my opinion, the company's balance sheet continues to show exemplary capital allocation and strong financials. The stock price is currently fairly valued, but the long-term future of the company remains promising. Material risk from market cyclicality, cocoa prices and changing consumer tastes and preferences still threatens business operations. Buy rating reiterated. Investment Thesis The Hershey Company ( NYSE: HSY ) remains one of my favorite enterprises in operation today. Strong business economics combined with a wonderful portfolio of brands amplifies the potential Hershey has to grow their operations tangibly in the coming years. First quarter 2024 results were very strong for the firm with great top and bottom-line expansion accompanied by reducing inventories and wonderful capital allocation management. Nevertheless, the current stock price appears to fairly value the firm, with significant levels of growth already being incorporated into the share price. H
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HSY
News
- Hershey faces larger lawsuit over missing designs on Reese's candies [Yahoo! Finance]Yahoo! Finance
- Hershey faces larger lawsuit over missing designs on Reese's candies [Yahoo! Finance Canada]Yahoo! Finance Canada
- Falcon's Beyond Announces First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Massachusetts teen died from eating spicy chip on social media challenge [FOX Business Network]FOX Business Network
- Teen who ate spicy tortilla chip died of high chile consumption, had heart defect, autopsy says [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
HSY
Earnings
- 5/3/24 - Beat
HSY
Sec Filings
- 5/16/24 - Form 3
- 5/16/24 - Form 3
- 5/8/24 - Form 8-K
- HSY's page on the SEC website