92.77 0.00 (0.00%)
After hours: 6:41PM EDT
|Bid||90.00 x 1100|
|Ask||94.76 x 100|
|Day's Range||91.92 - 93.83|
|52 Week Range||91.92 - 116.49|
|PE Ratio (TTM)||25.35|
|Forward Dividend & Yield||2.62 (2.84%)|
|1y Target Est||N/A|
Analysts expect Mondelēz to report adjusted earnings of $0.61 per share, which reflects a YoY (year-over-year) increase of 15.1%. Analysts expect Mondelēz’s EPS (earnings per share) to benefit from improved volumes and pricing. Plus, higher productivity savings are expected to boost the company’s earnings growth rate.
The chilly streets of Hershey, Pennsylvania, are quiet now. It's nothing like the summers, when hordes of tourists pour in, bringing their children to ride roller coasters in Hershey Park and see the lampposts shaped like Hershey's Kisses. Without Hershey's controlling shareholder, a charitable trust that supports a school for underprivileged children, Hershey would have long ago sold.
The Fearless Girl statue, a global symbol of female business prowess, is moving in front of the New York Stock Exchange by the end of this year.
Most of the analysts covering Hershey (HSY) maintained a “hold” rating on the stock. Benefits from improvement in volumes and cost savings could be offset by soft demand, a tough retail environment, and higher costs.
Faced with the prospect of losing all its forests, Ivory Coast has partnered with chocolate makers to try to halt the spread of cocoa plantations in protected national parks and reserves. Ivory Coast, the world's biggest cocoa producer, and major chocolate companies from Mars to Hershey (HSY.N) to Barry Callebaut (BARN.S) pledged last year to eliminate the production and sourcing of cocoa from protected forests. Stamping out deforestation in the cocoa supply chain is just one of the commitments made by the world's chocolate makers to make the industry more sustainable, along with finding ways to end child labour and boost farmers' incomes.
Global chocolate makers are buying more cocoa sourced through schemes aimed at stamping out poverty as they rush to make their supply chains more ethical ahead of self-imposed 2020 deadlines. The trouble for cocoa farmers is the premiums they receive for beans sold under the biggest and most popular of these ethical sustainability schemes are falling. Under fire for not doing enough to stop deforestation, child labour and low wages in the industry, big chocolate makers from Mars to Hershey (HSY.N) to Ferrero have promised to only buy cocoa certified as ethical and sustainable by 2020.
Analysts expect Hershey (HSY) to post adjusted earnings per share (or EPS) of $1.41 in 1Q18, which reflects year-over-year (or YoY) improvement of 7.6%. The expected earnings also reflect sequential improvement as Hershey’s EPS fell 12.0% YoY in 4Q17. Hershey’s 4Q17 bottom line took a hit from weak volumes and higher costs, and unfavorable mix provided further pressure.
Faced with the prospect of losing all its forests, Ivory Coast has partnered with chocolate makers to try to halt the spread of cocoa plantations in protected national parks and reserves. Ivory Coast, the world's biggest cocoa producer, and major chocolate companies from Mars to Hershey to Barry Callebaut pledged last year to eliminate the production and sourcing of cocoa from protected forests.
Packaged food manufacturing companies in the US have been disappointing investors with their sluggish margin performance, and this trend is expected to continue in the next few quarters. Soft sales, increased investments in brands, and inflating costs related to manufacturing and distribution are taking a toll on their margins.
Analysts expect Hershey (HSY) to post sales of $1.9 billion in 1Q18, which reflects YoY (year-over-year) growth of ~3.0%. Hershey’s top line declined during the last reported quarter, reflecting a timing shift in shipments. However, the company’s sales are expected to return to growth in 1Q18, driven by growth in core brands and favorable currency rates. Strength in Hershey’s Cookie Layer Crunch Bar is also expected to drive its volumes.
Hershey (HSY) is expected to announce its 1Q18 results on April 26, 2018. Analysts expect the company’s sales and EPS (earnings per share) to show YoY (year-over-year) improvement. However, persistent challenges could dent the company’s financials.
Most analysts have maintained a neutral outlook on McCormick (MKC) stock given the tough retail environment and the company’s high debt after its RB Foods acquisition. The rise of private label products also remains a concern.
New-Jersey-based retail store chain Bed Bath & Beyond (BBBY) released its fourth quarter and full-year 2017 earnings results on April 11, 2018, after the market closed. Revenue rose 5.1% YoY to $3.7 billion compared to $3.5 billion in 4Q16. Earnings per share fell hard by 19.6% to $1.4 in 4Q17 from $1.8 in 4Q16. Revenue exceeded estimates by 0.92% and EPS exceeded estimates by 6.4%. The stock lost 17.7% last week.
Whereas most US packaged food manufacturers are struggling to stabilize their margins amid soft sales and manufacturing and logistic cost inflation, McCormick (MKC) has managed to expand its margins at a healthy rate.
McCormick’s (MKC) top-line growth has improved significantly over the past two quarters, thanks to incremental sales of its acquired brands, which contributed more than half of this growth. During the last reported quarter, McCormick’s acquired brands, Giotti and RB Foods, added ~2.4% to its overall sales growth of 19%.
Brand equity is important. A positive image can attract new consumers or audience members, but a negative one can hurt the bottom line and impact business.
Packaged food manufacturer stocks in the US have been trading in the red and could disappoint investors in upcoming quarters. The soft organic sales (excludes the impact of M&A and currency movements) trend amid the consumer shift towards healthy foods and pressure on margins from the inflation in raw material and logistics costs continue to take a toll on food stocks.
An insurgent fund manager has a small opening to gain a couple seats on the board of the iconic maker of Hershey's Kisses. But any attempt to drive a sale of the business following a 2016 Mondelez rejection ...
Understanding how The Hershey Company (NYSE:HSY) is performing as a company requires looking at more than just a years’ earnings. Today I will run you through a basic sense checkRead More...
Hershey (NYSE: HSY) has created a comprehensive plan to address cocoa sustainability called "Cocoa for Good." The program aims to address what the company identifies as the most pressing issues ...
Hershey Co. is spending $500 million in the hopes of producing its iconic chocolate Kisses from more sustainable cocoa.
Ellevest recently announced its Impact Portfolios where investors can finally invest through a gender lens. Yahoo Finance’s Alexis Christoforous, Julia La Roche, and Ellevest CEO Sallie Krawcheck discuss why this service is something needed in the industry.