Hershey rises after lifting annual sales forecast

The Hershey

30/10/2025 11:24

** Shares of chocolate maker Hershey HSY.N up ~2% at $178.99 premarket

** Co raises annual sales forecast after upbeat quarterly results on strong confectionery and snacks demand

** Now expects annual net sales growth of about 3%, up from previous expectations of at least 2% rise, while also forecasting annual adjusted EPS to fall 36% to 37%, compared with prior expected 36% to 38% decline

** Net sales of $3.18 billion vs estimates of $3.11 billion and adjusted EPS of $1.30 vs estimates of $1.07 - data compiled by LSEG

** Up to last close, stock has risen 3.5% YTD

 (Reporting by Neil J Kanatt in Bengaluru)

 ((Neil.JKanatt@thomsonreuters.com;))