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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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Swiss Market Ends On Buoyant Note
Swiss stocks closed on a buoyant note on Wednesday, tracking positive cues from markets across Europe and elsewhere, as optimism about the European Union and the U.S. striking a trade deal rose after U.S. President Donald Trump announced deals with Japan and Philippines.
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European Stocks Close On Strong Note On Trade Deal Optimism
European stocks closed on a strong note on Wednesday as prospects of a trade deal between the U.S. and EU increased after U.S. President Donald Trump announced trade deals with Japan and the Philippines.
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Canadian Market Up On Trade Deal Hopes
The Canadian market hit a fresh record high Wednesday morning, and amid selective buying, remains in positive territory around noon, thanks to rising optimism about several nations striking trade deals with the U.S. before the August 1 deadline.
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U.S. Existing Home Sales Slump To Nine-Month Low In June
A report released by the National Association of Realtors on Wednesday showed existing home sales in the U.S. pulled back by more than expected in the month of June. NAR said existing home sales slumped by 2.7 percent to an annual rate of 3.93 million in June after jumping by 1.0 percent to a revised rate of 4.04 million in May.
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Positive Start Seen For Canadian Stocks
Bay Street looks headed for a firm start Wednesday morning, tracking positive global cues amid rising prospects of several nations striking trade deals with the U.S. before the August 1 deadline.
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AT&T Q2 Results Beat Street; Now Sees FY25 Earnings Inline Or Below Market; Stock Down
Telecom giant AT&T, Inc. on Wednesday reported higher second-quarter profit and revenues, both above market estimates. Further, the firm maintained its fiscal 2025 adjusted earnings outlook, in line or below market. In the pre-market activity on the NYSE, AT&T shares were losing around 3.7 percent.
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