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Founded in 1894, the Hershey Company, commonly referred to as Hershey's, is one of the world's largest and most recognised chocolate producers. The company specialises primarily in chocolate and non-chocolate confectionery, mint refreshments and gums, baking ingredients and snacks. Hershey's markets its products under 80 brand names in North America, Europe, Asia, the Middle East, Africa and other regions. Headquartered in Hershey, Pennsylvania, the company operates 50 offices worldwide. Included to the S&P 500 index, the Hershey Foods share price (HSY) is set and traded on the New York Stock Exchange (NYSE).
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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