|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||95.92 - 98.55|
|52 Week Range||95.21 - 116.49|
|PE Ratio (TTM)||26.25|
|Forward Dividend & Yield||2.62 (2.70%)|
|1y Target Est||N/A|
A few years ago, I had a chance to visit that centre of chocolate worship: the town of Hershey, in deepest Pennsylvania, where the famous confectionery company was started and has its headquarters. The ...
Analysts expect McCormick (MKC) to sustain its stellar growth momentum in fiscal 1Q18 and project the company will post sales of $1.2 billion, up 18.7% on a YoY (year-over-year) basis. Strength in its base business, new product launches, and incremental sales from the RB Foods acquisition is likely to drive the company’s top-line growth. Also, McCormick is witnessing improved sales trends across all geographies, particularly in North America and China.
This could indicate that investors who seek to profit from falling equity prices are not currently targeting HSY. Over the last one-month, outflows of investor capital in ETFs holding HSY totaled $919 million.
Hershey is stepping up Kit Kat production in Pennsylvania. Is a bigger variety of flavors in store for U.S. consumers?