Hershey acknowledges ‘mild impact’ on business from GLP-1 drugs
1 day ago · 11.14.2024. By Russell Redman. HERSHEY, PA. — GLP-1 weight-loss drugs are having a “mild impact” on The Hershey Co.’s business, president and chief executive officer Michele Buck told analysts in a conference call on fiscal 2024 third-quarter results. Glucagon-like peptide-1 (GLP-1) drugs help people lose weight by making them feel ...
Hershey Expands Sweets Portfolio with Acquisition of Sour Strips
HERSHEY, Pa., Nov. 8, 2024 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced it has acquired Sour Strips, a fast-growing sour candy brand with a powerful social media presence. Sour Strips' "sour candy that doesn't suck" enhances Hershey's presence in the category and expands its reach to new consumers for more snacking occasions.
Hershey buys candy brand Sour Strips for undisclosed amount
Nov 8, 2024 · Hershey purchased Sour Strips, a sour candy brand founded in 2019 by social media personality Maxx Chewning, the company said in a Friday press release. The purchase price was not disclosed. Sour ...
Newsroom - The Hershey Company
Hershey is making news all around the world. Explore the latest stories about our brands, our people and our expertise. View Resources. Get the latest on industry leading innovations and news from The Hershey Company.
Hershey's Q3 Earnings Sour As Sales Dip And Outlook Darkens; …
Nov 7, 2024 · Outlook: Hershey cuts FY24 adjusted earnings per share view to $9.00 – $9.10 versus $9.40 estimate (from $9.49 – $9.59). The company sees flat net sales in FY24, compared with the prior view ...
Hershey Reports Second-Quarter 2024 Financial Results; Updates …
Aug 1, 2024 · The Hershey Company (NYSE: HSY) today announced net sales and earnings for the second quarter ended June 30, 2024 and updated its 2024 net sales and earnings outlook.
Hershey targets cutting $300 mln in costs as annual forecasts ...
Feb 8, 2024 · Hershey on Thursday outlined a new two-year restructuring program that would generate about $300 million in pre-tax savings after projecting annual sales and profit below Wall Street expectations.
Press Releases - The Hershey Company
Hershey Expands Sweets Portfolio with Acquisition of Sour Strips. Hershey Reports Third-Quarter 2024 Financial Results; Updates 2024 Net Sales and Earnings Outlook. Hershey Signs Groundbreaking Long-Term Agreement with Cocoa Cooperatives Aimed at Improving Farmer Income and Farm Resiliency.
The Hershey Company Announces Organizational Changes to its ...
Jan 12, 2023 · HERSHEY, Pa.-- ( BUSINESS WIRE )--The Hershey Company, a leading global snacking company and the largest producer of quality chocolates in North America, announced changes to its International...
Hershey - ABC27
Local Business Beat / 2 days ago. Hershey Company acquires ‘Sour Strips’ candy. Hershey / 5 days ago. Hershey reports strong sales despite drop in salty snacks. Hershey / 5 days ago. More...