Hershey Raises Annual Forecast After Reporting Higher Sales and Profit

Hershey raised its annual sales and profit forecasts after a better-than-expected Q3 performance, driven by higher-priced treats. The company's new 2025 net sales goal is around 3% higher than its previous goal, and it raised the bottom end of its adjusted profit range to $5.81-$5.90 per share. Net sales for the quarter reached $3.18 billion, exceeding analyst expectations, and adjusted earnings were $1.30 per share, above the expected $1.07 per share.