Hershey's profit rises on strong sales

Reuters

(Reuters) - Hershey Co reported higher quarterlyearnings on Thursday because of strong candy sales across theUnited States.

The chocolate company said net income was $233.0 million, or$1.03 per share, compared with $176.3 million, or 77 cents pershare, a year earlier.

Excluding special items, earnings were $1.04 per share.

Its sales rose 6.1 percent to $1.85 billion, from $1.75billion in the third quarter of 2012.

Hershey stood by its full-year earnings forecast, saying itexpects adjusted earnings per share of $3.68 to $3.71 in fiscalyear 2014.

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