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Hershey Reaffirms FY13 Financial Goals

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Chocolate maker Hershey Co. (HSY) on Wednesday reaffirmed its full year 2013 financial expectations for net sales, gross margin and earnings per share growth provided in its January 31 earnings release.

On January 31, the company said it expected 2013 net sales growth of 5% to 7% and adjusted earnings per share growth for the full year to be 10% to 12%. The company sees 2013 adjusted earnings to be in the range of $3.56 to $3.63 per share.

Analysts polled by Thomson Reuters currently expect the company to earn $3.64 per share on revenue growth of 6.20% for the full year 2013.

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