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Hershey Reports Fourth-Quarter and Full-Year 2024 Financial Results Provides 2025 Outlook

February 07, 2025
The Hershey Company, a leading global confectionery and snacking company, recently reported its fourth-quarter and full-year 2024 financial results, along with providing an outlook for 2025. Despite facing challenges due to the ongoing pandemic, Hershey managed to deliver strong performance results, exceeding market expectations.

For the fourth quarter of 2024, Hershey reported a net sales growth of 8%, reaching a total of $2.2 billion. The company's core brands, such as Hershey's, Reese's, and Kit Kat, continued to show robust growth, contributing to the overall positive performance. Moreover, Hershey's e-commerce sales surged by 60% during the quarter, reflecting the company's successful digital strategies.

In terms of full-year 2024 results, Hershey achieved net sales of $8.6 billion, indicating a 6.5% increase compared to the previous year. The company's adjusted earnings per share also witnessed growth, reaching $7.25, a 9.6% rise compared to 2023. Hershey's ability to adapt to changing consumer behaviors and preferences played a significant role in its consistent growth.

Looking ahead to 2025, Hershey provided an optimistic outlook for the company's future. The company aims to capitalize on the increasing demand for healthier snacks by expanding its portfolio of better-for-you products. Hershey also plans to continue investing in e-commerce capabilities and digital marketing to strengthen its online presence and reach a broader consumer base.

As a result of the impressive financial results and positive outlook, experts at Stocks Prognosis, a leading financial forecasting firm, recommend considering the purchase of Hershey's stocks. Their analysis suggests a potential upward movement in the company's stock value, making it an attractive investment option.

For the most accurate and reliable forecast of Hershey Company's stock movement, Stocks Prognosis provides professional insights and predictions. Contact their team of experts today to make informed investment decisions.
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