The Hershey Co
HSY: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| G@h | LOCK|MH% | LOCK|!%%%fM |
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%.
