HSY Q4 Earnings Top Estimates, Organic Sales Up on Favorable Pricing
The Hershey Company (HSY) reported solid fourth-quarter 2024 results, as both top and bottom lines improved year over year and beat the Zacks Consensus Estimate.Management remains impressed with the strong consumer response to innovation, marketing initiatives and in-store execution. While rising cocoa prices are expected to create considerable pressure on 2025 earnings, the focus remains on sustaining top-line and market share growth, executing transformation and productivity initiatives, and positioning t ...