Hershey looks to cut jobs as it projects a dour 2024 | Nasdaq

Hershey on Thursday disclosed it was cutting jobs and would incur up to $60 million in costs, after the chocolate maker projected its full-year sales and profit below estimates. Read More

Hershey targets cutting $300 mln in costs as annual forecasts disappoint

Projects 2024 sales, profit below estimates Posts Q4 sales of $2.66 bln vs estimate of $2.71 bln Q4 adjusted EPS of $2.02/shr vs estimate of $1.95 Feb 8 (Reuters) - Hershey (HSY.N), opens new tab ... Read More

Hershey cuts jobs after soaring cocoa costs hurt candy sales

Hershey forecast 2024 net sales to increase between 2% and 3% year-on-year, compared with analysts’ estimates of growth of 3.4%, as per LSEG data. Read More

Hershey targets cutting $300 million in costs as annual forecasts disappoint - Yahoo Finance

Premium News. Earnings. Tech. Housing. Crypto. ... Hershey targets cutting $300 million in costs as annual forecasts ... Hershey said 2024 net sales are expected to increase between 2% and 3% year ... Read More

Hershey looks to cut jobs as it projects a gloomy 2024

Hershey looks to cut jobs as it projects a gloomy 2024 The restructuring will impact less than 5% of the company's workforce and will result in up to $60 million in severance expenses. Read More

Hershey targets cutting $300 million in costs as annual forecasts disappoint - Yahoo Finance

"Consumers are spending less during non-seasonal periods, a trend that will likely continue throughout 2024," said CFRA Research's Arun Sundaram. (Reuters) -Hershey on Thursday outlined a new two-year ... Read More