Hershey, First Quarter Earnings | featured news

Higher prices boost Hershey 1Q results

The first quarter was a sweet one for The Hershey Co. The candy maker said Tuesday its first-quarter profit rose 24 percent as higher prices and cost cutting helped offset rising ingredient costs. The company raised its sales forecast for the year, which sent shares up 5.5 percent near an all-time high that was set nearly seven years ago.

 

Subscribe to this RSS topic: Syndicate content