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-0.000593207771021893 -0.000593207771021893 -0.0026694349695982 0.00192792525582078 0.00192792525582078 -0.0066735874239953 0.00993623016461518 0.00786000296603887
Stock impact report

Hershey posts robust quarterly results on North America snacks demand [Yahoo! Finance Canada]

Mondelez International, Inc. - Class A (MDLZ) 
Last mondelez international, inc. - class a earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: mondelezinternational.com/investors
and beat profit estimates on Thursday, helped by steady demand for its salty snacks business in North America. Sales in Hershey's North America snack business, home to Dot's pretzels and SkinnyPop popcorn, got a boost as the company reduced prices after several quarters of hikes. Its quarterly organic volumes in the North America salty snacks business rose 4%, while prices were 3% lower than a year ago. The Reese's Peanut Butter Cups maker also maintained its annual net sales and adjusted earnings forecast, including estimated tariff-related expenses of about $15 million to $20 million for the second quarter. The Trump administration's steep import tariffs and often erratic trade-policy shifts have raised costs for many American businesses and clouded their outlook. Peer Mondelez International had also flagged potential uncertainty around tariffs, after the chocolate maker beat quarterly profit estimates. Hershey benefited from a 2% price hike for its overall business as w Show less Read more
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