The Hershey Co

HSY: XNYS (USA)
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Hershey Earnings: Consumers' Penchant for Snacking Unwavering Despite Price Hikes; Shares a Bargain

Hershey's organic sales sweetened by 8% in the first quarter, as higher prices (up 10%) offset a very modest pullback in volumes (down 2%). The adjusted gross margin edged down 80 basis points to 40.4%, as heightened commodity and tariff costs outpaced increased prices and productivity savings.

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