Hershey Announces $500 Million Share Repurchase Authorization
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Hershey Foods (HSY) Tops Q4 EPS by 3c
January 28, 2016 7:03 AM ESTHershey Foods (NYSE: HSY) reported Q4 EPS of $1.08, $0.03 better than the analyst estimate of $1.05. Revenue for the quarter came in at $1.91 billion versus the consensus estimate of $1.98 billion.
"We made progress against our strategic initiatives in 2015, generated solid gross margin expansion in North America and largely maintained our overall U.S. candy, mint and gum (CMG) market share as retail takeaway on our U.S. core brands increased, said John P. Bilbrey, Chairman, President and Chief Executive Officer, The Hershey Company. The Krave meat snacks business and integration is on plan and... More
