Latest Hershey Company News and Updates
How Did General Mills Perform in Fiscal 2016?
General Mills (GIS) has a market cap of $40.3 billion. Its stock rose by 3.2% to close at $67.86 per share on June 29, 2016.
Why Campbell Soup’s Sales Could Be Disappointing
Campbell Soup (CPB) has been disappointing investors with its sales and has missed the analysts’ consensus estimates in the past three quarters.
What Could Drive McCormick’s Q4 Revenues?
McCormick (MKC) reported stellar top-line growth in the past several quarters.
Kraft Heinz Reported 2Q15 Results after the Merger
On August 10, the Kraft Heinz Company reported its 2Q15 results for Kraft Foods and H.J. Heinz for the periods ending June 27 and June 28, respectively.
Will Pressure on Conagra Brands’ Earnings Hurt Its Stock?
Shares of Conagra Brands (CAG) were up 9.5% on a year-to-date basis as of February 22. Incremental sales from a recent acquisition drove the stock higher.
Why Analysts Are Positive about Mondelēz Stock
Most analysts providing recommendations for Mondelēz International (MDLZ) have maintained a positive outlook on its stock.
Could Conagra Brands Exceed Earnings Estimates?
Conagra Brands (CAG) is expected to announce its fiscal 2Q18 earnings on Thursday, December 21, 2017. Analysts expect the company to continue to report higher EPS (earnings per share) despite the headwinds to its margins.
Could General Mills’ Earnings per Share Improve in Fiscal 2018?
General Mills (GIS) expects its adjusted EPS to increase 1.0%–2.0% on a constant currency basis in fiscal 2018.
Mondelēz International Aims for Margin Improvement in 2017
Mondelēz International (MDLZ) has been streamlining its business and reducing costs to improve its profitability.
Why Hershey Stock Fell despite Strong 2Q17 Results
Hershey (HSY) posted better-than-expected 2Q17 results, which it released on June 26. Hershey’s sales and earnings per share beat Wall Street’s expectations.
Hain Celestial Group Prepares to Report 1Q16 Results
The Hain Celestial Group’s net sales in the United States rose 3% YoY (year-over-year) to $332.8 million in the last quarter. Net sales in the United Kingdom fell 7.8% to $184.90 million.
Is Hershey’s Current Valuation Warranted?
As of April 27, 2017, Hershey (HSY) was trading at a 12-month forward PE (price-to-earnings) ratio of 21.8x.
Why Conagra’s 2Q18 Margins Disappointed
What affected margins Like most of its peers’ margins, Conagra Brands’ (CAG) margins remained pressured during fiscal 2Q18, despite higher sales. Increased input costs and higher brand investments weighed on the profitability of the company. The company’s margins benefited from higher volumes and supply-chain productivity savings in fiscal 2Q18. However, elevated costs remained a drag. […]
Investment-Grade Bond Funds Witness Largest Outflow of 2015
Flows into investment-grade bond funds were negative for the week ended August 26, making it the fifth successive week of outflows. It was the largest outflow of 2015 so far.
What Analysts Recommend for Mondelēz and Hershey Prior to Q2 2018
Recently, multiple analysts lowered their target prices on both Mondelēz (MDLZ) and the Hershey Company (HSY) stock.
Will General Mills’ Earnings per Share Return to Growth in 3Q18?
General Mills (GIS) is slated to announce its fiscal 3Q18 earnings on Wednesday, March 21.
Analyzing Hershey’s Emphasis on Product Innovation
Hershey plans to position dark chocolate as a lifestyle choice in the US. It has thus begun promoting its dark chocolate brands for specific consumption.
An Overview of Hershey, America’s Largest Chocolatier
Hershey is the largest producer of chocolate in North America. It is a global leader in chocolate, sugar confectionery, and chocolate-related products.
Here’s How Wall Street Reacted to General Mills’ Q2 2019 Results
Most analysts lowered their target prices on General Mills stock following the release of its results for the second quarter of fiscal 2019.
Behind J.M. Smucker’s Waning Sales
J.M. Smucker (SJM) has continued to disappoint on the sales front this year, having posted declines in sales for the past several quarters.
What Affected Kraft Heinz’s 4Q17 Earnings?
The Kraft Heinz Company (KHC) reported weaker-than-expected 4Q17 earnings on February 16, 2018.
Hershey Rejects Mondelez’s Takeover Offer, Wall Street Responds
The average broker target price for Hershey has risen to $95.5 from $91.23. This represents an increase of 14% from the stock’s closing price of $109.12 on July 20, 2016.
Investment-Grade Bond Funds See Outflows for 4 Consecutive Weeks
Flows into investment-grade bond funds were negative for the week ended August 21, making it the fourth successive week of outflows. The funds saw net outflows of $1.09 billion.
Hershey’s Steps to Improve Suppliers Productivity and Conscious Sourcing
Hershey has set a goal of sourcing 100% cocoa from certified cocoa farms. In fiscal 2014, it sourced 30% certified cocoa.
Why Did Hershey’s Stock Rise on June 30?
The Hershey Company (HSY) has a market cap of $24.2 billion. Its stock rose by 16.8% to close at $113.49 per share on June 30, 2016.
How 4Q16 Results Affected Mondelēz International’s Valuation
The 12-month forward PE (price-earnings) multiple of Mondelēz International (MDLZ) rose 0.8% to 20.9x on February 8 in reaction to the company’s 4Q16 results and 2017 outlook.
The Hershey Company Shows Mixed Price Movement on August 29
The Hershey Company (HSY) has a market cap of $23.8 billion. It rose by 0.71% to close at $111.67 per share on August 29, 2016.
Cocoa Prices Fall on Rumored Supply Rejuvenation in Ghana
The cocoa futures contract on the Intercontinental Exchange, or ICE, for March delivery fell 4.2%. It settled at $2,810 per metric ton on January 20.
How HSY, MDLZ, K, and KHC Compare in Terms of Valuations
On June 7, 2017, Kraft Heinz (KHC) was trading at a 12-month forward PE (price-to-earnings) ratio of 24.8x, which is higher than its peers.
Here’s What Drove J.M. Smucker’s Fiscal 3Q18 Top Line
J.M. Smucker (SJM) reported fiscal 3Q18 sales of $1.9 billion in fiscal 3Q18, which surpassed analysts’ estimate and increased 1.3% YoY.
Why China Is Such an Important Market for Hershey in 2015
Hershey is the fastest-growing confectionery company in China, and Hershey expects China to become its second-largest market behind the US by 2017.
Kellogg: Will Q4 Be Disappointing?
Kellogg (K) is scheduled to announce its fourth-quarter results on February 7. Analysts expect Kellogg’s top line to maintain its momentum.
A Look at J.M. Smucker’s Fiscal 3Q18 Margins
J.M. Smucker’s (SJM) adjusted gross margin fell 10 basis points to 38.4% in fiscal 3Q18 due to increased freight costs and an inventory obsolescence charge.
Why Did Hershey Fall by 10.8% on August 30?
The Hershey Company (HSY) has a market cap of $21.3 billion. It fell by 10.8% to close at $99.65 per share on August 30, 2016.
Mondelēz’s Stock: Why Do Most Analysts Rate It a ‘Buy’?
Current recommendations As of January 30, 15 of 20 analysts covering Mondelēz International’s stock had a “buy” rating. Five analysts had a “hold” recommendation, and there were no “sell” recommendations. On January 5, 2017, Berenberg Bank initiated coverage on Mondelēz International’s stock with a “buy” rating and a price target of $51. Consensus “buy” rating […]
What Affected Conagra Brands’ 3Q Margins?
The packaged food manufacturers in the US have been disappointing on the margins front as weak sales and a prolonged price war among retailers have been taking a toll on their profitability.
Why Recovery in General Mills Stock Could Be a Slow Go
General Mills (GIS) management remains upbeat on the net sales growth rate for fiscal 2019 and expects 9%–10% growth, led by the Blue Buffalo acquisition.
Why Credit Suisse Downgraded Hershey Stock
Credit Suisse downgraded Hershey (HSY) stock to “underperform” from “neutral” and lowered the target price to $80 from $90.
Earnings Pressure Is Likely to Hurt Kellogg Stock
The Kellogg Company posted weaker-than-expected sales in the first quarter following which its stock fell more than 5% in the premarket session on May 2.
Could Mondelēz’s 1Q17 Bottom Line Exceed Expectations?
Mondelēz International (MDLZ) is slated to report its 1Q17 results on May 2. Analysts expect MDLZ to report average adjusted earnings per share of $0.50 in 1Q17, representing year-over-year growth of 4.2% when compared with 1Q16.
Campbell Soup’s Margins Could Continue to Contract
The Campbell Soup Company (CPB) continued to report sluggish margins as higher-than-expected inflation in commodities and transportation costs remained a drag.
General Mills: Analysts Expect the Stock to Decline
Among the 18 analysts tracking General Mills, 13 recommended a “hold,” four recommended a “buy,” and one recommended a “sell.”
Why Campbell Soup’s Fiscal 1Q18 Earnings Could Fall
Campbell Soup (CPB) is expected to announce its fiscal 1Q18 results on Tuesday, November 21, 2017.
What Analysts Recommend for Mondelēz Stock
Of the 22 analysts providing ratings for Mondelēz stock, 82% suggest a “buy,” and 18% recommend a “hold.”
Why J.M. Smucker’s Margins Could Remain Muted
J.M. Smucker’s (SJM) fiscal 2Q18 margins could take a hit from lower volumes and higher spending.
Mondelēz’s 2Q17 Sales to Fall, Cyberattack to Blame
Analysts expect Mondelēz International (MDLZ) to post sales of $6.0 billion in 2Q17, a fall of ~4.4% YoY (year-over-year).
This Could Stall the Uptrend in General Mills Stock
Shares of General Mills (GIS) are up 19.6% on a YTD basis as of February 22, outperforming most of the company’s peers.
Why Analysts Have Low Expectations for Kraft Heinz’s 1Q18
Kraft Heinz (KHC) is set to announce its 1Q18 results on May 2. Analysts expect the company’s sales and earnings to fall year-over-year.
Could Campbell Soup’s Earnings Decline in Fiscal 2018?
Campbell Soup (CPB) has missed analysts’ EPS (earnings per share) expectations in the past three quarters.
Hershey Posts Lower Q1 Earnings, Remains Optimistic
Hershey (NYSE:HSY) stock has fallen during today’s trading session. The company announced its first-quarter results before the opening bell.
Is Kellogg’s Stock Set to Outperform Peers in 2020?
On January 7, Credit Suisse upgraded Kellogg’s (NYSE:K) stock to “outperform” from “neutral,” and increased its target price to $78 from $60.
Campbell Soup Earnings: Here’s What to Expect
Campbell Soup (CPB) will announce its fiscal 2020 first-quarter result on December 4. We expect CPB to continue this trend in sales and earnings.
Mondelēz’ restructuring aimed at lowering operating costs
Mondelēz’ restructuring program will cost $3.5 billion, with $2.5 billion in cash. The program is expected to deliver cost savings of $1.5 billion by 2018.
Why SJM Stock Is Underperforming Peers
This year, J.M. Smucker (SJM) stock has risen 13.1%, underperforming most peers and broader markets. Let’s look at what’s limiting the stock.
Kraft Heinz: Is Big EPS Beat an Opportunity to Exit Stock?
Today, Kraft Heinz posted its third-quarter earnings, which beat analysts’ consensus estimates. The revenues fell short of analysts’ estimates.
Kraft Heinz Stock: Q3 Might Not Help Bulls or Bears
So far, Kraft Heinz stock has taken a beating this year. The stock has fallen about 35% on a YTD basis as of Tuesday, which indicates limited downside risk.
Kraft Heinz Stock: Will Q3 Earnings Spur a Recovery?
Kraft Heinz is scheduled to report its third-quarter earnings before the markets open on October 31. We expect the company to post weak third-quarter results.
Kraft Heinz Stock Fell 20% in August: What’s Next?
Kraft Heinz stock fell about 20% in August and significantly underperformed the broader markets. The stock isn’t attractive despite its low valuation.
Why Campbell Soup Stock Rose after Its Q4 Results
Campbell Soup (CPB) stock rose about 3.9% in the pre-market session on Friday. The company posted better-than-expected fiscal fourth-quarter results.
SJM Missed Q1 Estimates by Wide Margin, Lowered Guidance
J.M. Smucker (SJM) posted weaker-than-expected fiscal first-quarter results. The company’s first-quarter sales and margin missed analysts’ estimate.
Which Consumer Stocks Are Outperforming?
Most consumer stocks are outperforming broader markets this year. Investors are flocking to consumer stocks amid fears about an economic downturn.
Kellogg Beat Q2 Estimates Due to Higher Pricing
On Tuesday, Kellogg announced stronger-than-expected second-quarter results. The company’s net sales and EPS beat analysts’ expectations.
Mondelēz’s Q2 Earnings: Key Takeaways
Mondelēz (MDLZ) announced its second-quarter earnings after the markets closed on July 30.
Hershey Stock Reaches a Record High
Hershey (HSY) stock is trading at a record high thanks to the company’s price restructuring initiatives. The stock has risen 42.7% this year.
Hershey Beats EPS Estimate, but Guidance Hurts Stock
Hershey (HSY) announced its second-quarter results on July 25.
What Affected General Mills’ Margins in Q4
In fiscal 2019’s fourth quarter, General Mills’ (GIS) profit margins failed to impress as they were up against a tough YoY (year-over-year) comparison.
General Mills Stock Falls on Sales Miss, Peers Follow Suit
General Mills (GIS) released its fourth-quarter fiscal 2019 results on June 26. Its performance was mixed, with its bottom line growing healthily and exceeding Wall Street’s estimate.
What Analysts’ Price Target Indicates for J.M. Smucker Stock
Wall Street has a price target of $114.54 per share on the J.M. Smucker Company (SJM), implying a potential downside of 5.6% based on its closing price of $121.31 on June 24.
Why Analysts Expect Hershey Stock to Fall
Wall Street maintains a consensus target price of $122.93 per share on the Hershey Company (HSY), which implies a potential downside of 10.9% based on its closing price of $137.90 on June 19.
Will Hershey’s High Valuation Hurt Its Stock?
Hershey (HSY) shares have risen 21.5% on a YTD (year-to-date) basis as of May 24 and outperformed the benchmark index.
Conagra Stock Is Outperforming Peers: Will the Trend Continue?
Conagra Brands stock has risen 25.4% since it announced stronger-than-expected third-quarter earnings on March 21.
Kellogg Reports Mixed Q1 Results, Earnings Remain Pressured
The Kellogg Company (K) posted mixed first-quarter earnings results on May 2.
Analyzing Mondelēz’s Q1 Earnings Beat
Mondelēz (MDLZ) posted stronger-than-expected first-quarter earnings. The company’s adjusted EPS of $0.65 beat analysts’ estimate of $0.61.
Mondelēz: Strength in Emerging Markets Drove Organic Sales
Mondelēz posted net revenues of $6.54 billion, which fell short of analysts’ estimate of $6.55 billion and decreased 3.4% on a YoY basis.
Mondelēz: Improved Base Business Supported Q1 Earnings Beat
Mondelēz (MDLZ) posted mixed first-quarter results after the markets closed on April 30. Mondelēz’s top line fell short of analysts’ estimate.
What Drove Hershey’s Double-Digit EPS Growth?
In the first quarter, Hershey’s (HSY) adjusted EPS rose 12.8% YoY (year-over-year) to $1.59, beating analysts’ estimate of $1.47.
What’s behind Hershey’s Q1 Sales Beat?
In the first quarter, Hershey’s (HSY) net sales rose 2.3% YoY (year-over-year) to $2.0 billion, beating analysts’ estimate.
Key Takeaways from Hershey’s First Quarter
Hershey (HSY) stock rose 4.6% yesterday following the company’s stellar first-quarter results.
Kellogg: Analysts Recommend a ‘Hold’
Most of the analysts covering Kellogg continue to maintain a neutral outlook on the stock, which reflects near-term pressure on its earnings.
Kellogg: What Can Investors Expect in Q1?
Kellogg (K) is scheduled to announce its first-quarter results on May 2. Kellogg stock has risen 2.5% on a YTD (year-to-date) basis as of April 23.
Higher Volumes and Margins Drive Hershey’s Q1
The Hershey Company (HSY) posted stellar first-quarter earnings results on April 25.
Mondelēz Stock: Analysts Suggest a ‘Buy’ ahead of Q1
Most analysts suggest “buys” on Mondelēz (MDLZ) stock, reflecting continued strength in its base business.
What Wall Street Recommends for CAG Stock before Q3 Results
The majority of Wall Street analysts continue to recommend a “buy” for Conagra Brands (CAG) stock.
Will Weak Q3 Earnings Drag General Mills Stock Down?
General Mills is expected to report its third-quarter results on March 20. Analysts expect the company to sustain the momentum in its net sales.
Why Kraft Heinz Stock Looks Unattractive despite ~33% Drop
Kraft Heinz (KHC) stock has plunged about 33% since it announced its fourth-quarter results on February 21.
Why Kraft Heinz’s Top Line Is Expected to Decline in 2019
Kraft Heinz (KHC) didn’t impress investors with its sales performance in 2018.
Why Campbell Soup’s Bottom Line Could Continue to Decline
Campbell Soup (CPB) has exceeded analysts’ adjusted earnings estimate in the past five consecutive quarters.
Why Campbell Soup’s Sales Growth Is Projected to Decelerate
Campbell Soup (CPB) posted stellar sales growth in the past four quarters.
Is Campbell Soup Stock Heading for a Decline?
Campbell Soup (CPB) rose more than 10.5% after the company’s better-than-expected quarterly performance on February 27.
Campbell Soup’s Q2 Performance Impresses Investors
Campbell Soup (CPB) stock jumped more than 10% on February 27 following the company’s stronger-than-expected second-quarter results.
J.M. Smucker Stock Rose on Impressive Q3 Results
J.M. Smucker (SJM) reported stronger-than-expected third-quarter results today.
Did Kraft Heinz’s Underperformance Ring an Alarm Bell?
Shares of Kraft Heinz (KHC) crashed more than 27% on Friday, February 22, as weaker-than-expected fourth-quarter results and sluggish guidance upset investors.
Kraft Heinz Stock Could Face More Downgrades
Most analysts continue to recommend a “buy” on Kraft Heinz (KHC) stock despite the company’s weak financial performance.
Why Kraft Heinz’s Sales Missed the Estimate
Kraft Heinz reported lower-than-expected fourth-quarter sales. Kraft Heinz’s net sales of $6.89 billion fell short of analysts’ expectation.
Will Kraft Heinz Stock Rise Further on Q4 Results?
Kraft Heinz (KHC) is expected to announce its fourth-quarter results on February 21.
Kellogg Misses Q4 Sales Estimate: Top Line to Remain Weak
Kellogg (K) posted net sales of $3.3 billion, which increased 4.2% on a YoY (year-over-year) basis thanks to the incremental sales from its recent acquisitions.
Kellogg Stock: Analysts’ Recommendations
Analysts continue to suggest a “hold” rating on Kellogg (K) stock. Analysts’ target price shows a downward trend.
Kellogg’s Q4 Sales Might Not Be Impressive
Kellogg’s organic sales are expected to be disappointing, which reflects lower pricing and an unfavorable mix.
McCormick: Weak Q4 Dragged the Stock Down
McCormick shares fell more than 10% and closed at $124.35 on January 24 following its weaker-than-expected fourth-quarter results.
Hershey Stock: Analysts’ Recommendations
Most of the analysts covering Hershey (HSY) stock continue to maintain a neutral outlook. Hershey’s top line will likely improve.