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Hershey Profit Rises on Revenue

Hershey's fourth-quarter profit rose 5.4% as the candy maker posted higher revenue and saw strength in all of its categories.

 

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.

 

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