Hershey Reaffirms FY23 Outlook
(RTTNews) - Ahead of its Investor Day later on Wednesday, The Hershey Co. (HSY) reaffirmed its earnings, adjusted earnings and net sales growth for the full-year 2023.
For fiscal 2023, the company continues to project earnings to grow 6 to 8 percent and adjusted earnings to grow 11 to 15 percent on net sales growth of 6 to 8 percent.
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Hershey Canada Launches First Plant-Based Chocolate Bar In Canada
Hershey Canada, Inc., a wholly owned subsidiary of Hershey Co. (HSY), announced Tuesday the launch of its first-ever plant-based chocolate, HERSHEY'S OAT MADE. It offers all of Hershey's iconic, smooth and creamy taste in a completely vegan format.
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Hershey Raises FY22 Outlook; Boosts Dividend 15% - Update
While reporting financial results for the second quarter on Thursday, Hershey Co. (HSY) raised its adjusted earnings and net sales growth guidance for the full-year 2022, reflecting the strength of its performance in the first-half and expectations for the second half of the year.
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Yen Falls Against Majors
The Japanese yen weakened against other major currencies in the European session on Friday.
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DAX Remains Weak Despite Coming Off Early Lows
After declining sharply in early trades on Friday amid concerns about the outlook for global economic growth due to tariff threats by U.S. President Donald Trump, German stocks regained some lost ground subsequently thanks to selective buying at a few frontline counters.
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European Shares Retreat On Tariff Worries
European shares fell notably on Friday as U.S. President Donald Trump confirmed that sweeping 25 percent tariffs on goods from Canada and Mexico, along with an additional 10 percent tariffs on Chinese imports, will take effect on March 4.
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Asian Shares Slump On Trade Worries
Asian stocks plummeted on Friday as traders grappled with underwhelming Nvidia Corp. results and U.S. President Donald Trump's new tariff threats.
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UK Nationwide House Price Rise More Than Forecast
UK house prices increased more than expected in February as buyers brought forward their transactions ahead of stamp duty change in April, the mortgage lender Nationwide Building Society said on Friday. House price grew at a pace of 0.4 percent on a monthly basis in February after a 0.1 percent gain in the previous month. Moreover, this was the sixth consecutive monthly increase and was faster t
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European Economic News Preview: Germany Inflation, Unemployment Due
Inflation and unemployment from Germany and revised GDP and flash inflation from France are the top economic news due on Friday. At 2.00 am ET, Destatis is scheduled to issue Germany's retail sales, unemployment and import prices for January. Retail sales are forecast to grow 0.4 percent on a monthly basis, in contrast to the 1.6 percent fall in December.
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