The Latest Breaking News from HSY

Concerns over the Federal Reserve’s aggressive interest rate hikes to combat rising inflation and growing recession risks are expected to keep the stock market under tremendous pressure in the near term. To navigate a volatile market, reliable blue-chip stocks BASF (BASFY), Barclays (BCS), The Hershey (HSY), and Marathon Petroleum (MPC)…

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.

Many experts believe that the Federal Reserve’s aggressive monetary policy to control surging inflation could push the economy into a recession. Since consumer staples companies weather recessionary pressure well because of inelastic demand for their products, we think it could be wise to bet on the stocks of fundamentally sound…

Hershey (NYSE:HSY) has outperformed the market over the past 20 years by 2.89% on an annualized basis producing an average annual return of 9.85%. Currently, Hershey has a market capitalization of $46.01 billion.

Hershey Co (NYSE:HSY) reported first-quarter FY22 sales growth of 16.1% year-on-year, to $2.67 billion, beating the consensus of $2.48 billion. Organic, constant currency net sales grew 11.5%. Hershey's North America Confectionery segment net sales rose 11.7% Y/Y to $2.22 billion. Sales for Hershey's International and other segments increased 17.9% to $223.1 million. Gross…

Hershey Co (NYSE:HSY) workers in its second-largest U.S. manufacturing plant have voted against unionization, Reuters reported. The Stuarts Draft, Virginia plant, making peanuts products and candy bars, has around 1,400 employees. Out of Hershey’s seven U.S. plants, two are unionized. The call for unionization has gained impetus in recent times among low-paid…

Hershey Co (NYSE: HSY) posted 

The Fed’s decision to raise interest rates, a disappointing employment report, rising inflation, and persistent supply chain disruptions will likely continue spooking investors. So, in this environment, we think consumer defensive stocks Coca-Cola (KO), Colgate (CL), General Mills (GIS), and Hershey (HSY), which typically perform with aplomb during periods of…