The Latest Breaking News from Hershey

Some shops in the UK are reportedly not expecting deliveries for at least a fortnight, while shelves have been stripped bare of the popular product amid production issues

Leading multinational company Hershey (HSY) continued its business momentum in the second quarter, with double-digit sales growth in each segment and solid EPS performance. Furthermore, the company has raised its fiscal 2022 full-year guidance. Given HSY’s steady business and attractive dividend record, it could be wise to invest in the…

Hershey Co. reassured chocoholics and other customers on Monday that there will be plenty of sweets for Halloween.

‘Capacity constraints’ will limit production of Reese’s and Kit-Kats with holiday wrappers, CEO says.

“Just when I thought things couldn’t get any worse,” one candy lover says

The Belgian-based Barry Callebaut factory - which produces chocolate for Hershey, Mondelez, Nestle and Unilever - has suspended operations after salmonella bacteria was found in its factories

The factory makes chocolate for 73 different clients including Hershey and Nestle.

The huge chocolate factory supplies products to global brands including Hershey, Mondelez (who own Cadbury) and Nestle.

Hershey's (NYSE:HSY) short percent of float has fallen 7.01% since its last report. The company recently reported that it has 2.89 million shares sold short, which is 1.99% of all regular shares that are available for trading.

Hershey (NYSE:HSY) has outperformed the market over the past 20 years by 3.26% on an annualized basis producing an average annual return of 10.27%. Currently, Hershey has a market capitalization of $45.14 billion.

US stock futures traded slightly lower this morning on Wednesday after recording sharp losses in the previous session. Investors, meanwhile, focused on some notable insider trades.