The Hershey Co

HSY: XNYS (USA)
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Hershey Earnings: Brand Investments Stand to Sweeten Languishing Sales; Shares a Bargain

In Hershey’s third quarter, organic sales edged up just 0.8%, with elasticities and shipment timing weighing on volumes (down 10% in aggregate). However, higher prices, cost savings, tariff refunds, and lower commodity costs drove adjusted gross margins up nearly 11 percentage points to 42.7%.

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