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Analysts Downgrade Hershey Stock
Analysts Downgrade Hershey Stock Because of a 'Concerning' Chocolate Market
Key Takeaways Jefferies analysts downgraded Hershey to underperform and lowered their price target.The firm said chocolate is trailing other snacks in volume growth and is being bought less frequently despite being the largest category in dollar sales.
Hershey's faces a bittersweet future as chocolate becomes even more discretionary - analyst
The price disparity between salty snacks and chocolate is resulting in a shift in consumer spending, which is being exacerbated by consumers’ increasing caution with their spending on food and a generational shift to non-chocolate confections.
Hershey Co. stock falls Thursday, underperforms market
Shares of Hershey Co. HSY slumped 0.25% to $190.52 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.40% to 5,745.37 and the Dow Jones Industrial Average DJIA rising 0.
9h
Hershey Hit With Sell Call as High Prices Dent Chocolate Sales
Jefferies is turning more cautious on Hershey Co. shares as consumers curb their snacking and pull back on higher-priced ...
Just-Food on MSN
1d
Hershey pushes on with job cuts
Hershey announced a restructuring plan that included reducing its workforce to drive productivity by automating processes.
7d
Hershey Co lays off some workers this week
A spokesperson for Hershey said on Thursday the chocolate maker laid off a small number of its employees this week as part of ...
CNN on MSN
8d
Hershey is turning its candy into energy drinks and protein powders with C4
Hershey
’s namesake milk
chocolate
and Reese’s peanut butter and
chocolate
will soon be sold as protein powders and its ...
Opinion
4d
Opinion
DAVID MARCUS: Project 2025 lies make it to Hershey before the truth can get its pants on
Columnist David Marcus talks to folks in Hershey, Pa., and other small towns about Project 2025. some know about it, but many are buying misconceptions peddled by the press.
11d
on MSN
3 Reasons to Buy Hershey Stock Like There's No Tomorrow
Chocolate giant Hershey doesn't go on sale very often, so now is the time to jump in despite the cocoa headwinds.
Food In Canada
8h
Hershey flavours power new C4 energy and protein range
Nutrabolt, owner of C4, partners with the Hershey Company. The partnership will bring several of Hershey’s flavours to the ...
3d
The Discontinued Hershey's Kisses We Want Back This Halloween
Of course, it's inevitable that some fun and tasty candies will get discontinued at some point ... but we can still pine for ...
5d
Every Single Hershey's Bar Variety Available Now
From classics to ice cream-inspired flavors, Hershey's boasts a wide variety of candy bars. Here's every option you can score ...
Tasting Table on MSN
6d
What Is The 'PGPR' In Chocolate?
Here's everything you need to know about PGPR, or polyglycerol polyricinoleate, and whether this ingredient in chocolate bars ...
10h
on MSN
Jefferies downgrades Hershey, predicts sweet times turning sour
Jefferies has downgraded Hersheys from “hold” to “underperform” on expectations that the chocolate maker is likely to face ...
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