The Latest Breaking News from HSY

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The Hershey Company has underperformed the broader market over the past year, and analysts remain cautious about the stock’s prospects.

The Hershey Company (NYSE:HSY) shares surged Wednesday after the confectionery giant reported second-quarter earnings and sales that exceeded expectations, driven by volume gains and strategic execution across its U.S. confectionery and salty snacking businesses.

Hershey is gearing up to release its second-quarter results later this month, and analysts are expecting a double-digit decrease in earnings.

Shares of Hershey Co (NYSE:HSY) closed Tuesday’s session sharply higher amid news that the confectionery giant will eliminate synthetic dyes from its products by the end of 2027.

Hershey Company has notably underperformed the Dow Jones Industrial Average over the past year, and analysts remain cautious on the stock’s prospects.

As Hershey has lagged behind the broader market over the past year, Wall Street analysts maintain a cautious outlook on the stock’s prospects.

Hershey is slated to report its first-quarter earnings next month, and analysts are predicting a double-digit decline in its bottom line.

Hershey has significantly underperformed the Nasdaq Composite over the past year and analysts remain cautious about the stock’s prospects.