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Hershey Reaffirms FY23 Outlook
(RTTNews) - Ahead of its Investor Day later on Wednesday, The Hershey Co. (HSY) reaffirmed its earnings, adjusted earnings and net sales growth for the full-year 2023.
For fiscal 2023, the company continues to project earnings to grow 6 to 8 percent and adjusted earnings to grow 11 to 15 percent on net sales growth of 6 to 8 percent.
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Hershey Canada Launches First Plant-Based Chocolate Bar In Canada
Hershey Canada, Inc., a wholly owned subsidiary of Hershey Co. (HSY), announced Tuesday the launch of its first-ever plant-based chocolate, HERSHEY'S OAT MADE. It offers all of Hershey's iconic, smooth and creamy taste in a completely vegan format.
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Hershey Raises FY22 Outlook; Boosts Dividend 15% - Update
While reporting financial results for the second quarter on Thursday, Hershey Co. (HSY) raised its adjusted earnings and net sales growth guidance for the full-year 2022, reflecting the strength of its performance in the first-half and expectations for the second half of the year.
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Sensex, Nifty Snap Two-day Losing Streak As Focus Shifts To RBI
Indian shares rose on Monday as soft U.S. jobs data signaling a sharp deterioration in labor market conditions fueled bets of imminent Federal Reserve rate cuts.
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European Shares Tick Higher In Cautious Trade
European stocks opened on a positive note Monday after falling sharply in the previous session on worries about the impact from higher U.S. tariffs.
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Asian Shares Mixed As US Jobs Data Fuels Rate Cut Bets
Asian stocks ended mixed on Monday as soft U.S. jobs data stirred concerns over the impact of new tariffs on the world's largest economy but fueled bets on a Federal Reserve rate cut in September.
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Yen Advances Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday, amid fading hopes for an immediate the Bank of Japan (BoJ) rate hike.
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Yen Rises Against Majors
The Japanese yen strengthened against other major currencies in the Asian session on Monday.
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European Economic News Preview: Eurozone Sentix Investor Confidence Due
Investor confidence from the euro area and unemployment from Spain are the top economic news due on Monday. At 2.30 am ET, the Federal Statistical Office publishes Swiss inflation data for July. Economists forecast consumer prices to rise 0.1 percent year-on-year, the same rate of increase as seen in June.
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