Hershey Stock Surges on Strong Q4 Results and Outlook

Generado por agente de IAMarcus Lee
jueves, 6 de febrero de 2025, 3:33 pm ET1 min de lectura
HSY--


The Hershey Company's stock price experienced a notable increase today, driven by the company's strong fourth-quarter and full-year 2024 financial results, as well as its outlook for 2025. Hershey reported a 130.6% increase in reported net income and a 33.2% increase in adjusted earnings per share-diluted for the fourth quarter of 2024 compared to the same period in 2023. For the full year 2024, the company reported a 20.5% increase in reported net income and a 2.3% decrease in adjusted earnings per share-diluted compared to 2023 (Hershey Company, 2025).

Hershey's President and CEO, Michele Buck, attributed the company's success to its agile innovation, marketing, and in-store execution. The company's focus on driving top-line and share momentum, executing transformation and productivity programs, and positioning itself for peer-leading performance has contributed to its strong financial performance (Hershey Company, 2025).

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