Hershey’s is launching a new protein powder in January to appeal to health-conscious consumers who are eating fewer sweets, partly due to the rise of weight-loss drugs like GLP-1s. CEO Kirk Tanner is engaging with consumers to understand how to innovate snacks for this changing market, including expanding gum and mints to address side effects like "Ozempic breath." The company is also increasing R&D spending and exploring savory and portion-controlled snack options to stay competitive as the protein snack market grows rapidly. This move aims to revitalize Hershey’s sales after shares hit a 52-week low and to compete with rivals like Mars who are delivering new products.
Hershey Co shares trade at USD 169.50 on Pluang as of Oct 24, 2026 04:41 WIB, down 3.50% in one day. The stock recently hit a 52-week low of USD 157.61, showing ongoing pressure. Hershey's market cap stands at $35.29 billion, reflecting investor caution despite new product launches and innovation efforts.
In 2026, Mondelez's stock surged over 23% while Hershey's declined slightly, but Hershey offers a higher dividend yield of 3.33% compared to Mondelez's 3.21%, with stronger dividend coverage and cash flow. Hershey also shows a stronger margin recover...
Hershey is preparing to announce its Q3 earnings on October 29, with analysts forecasting earnings per share (EPS) of $2.12, a 63% increase from last year, and revenue of $3.25 billion, up 2.3%. The company has shown strong recent performance, with Q...
The Hershey Trust Company sold 1,512 common shares under a trading plan but kept voting control through Class B shares. Hershey will report Q3 earnings on October 29, with investors focused on how price increases affected Halloween-season demand. Q2 ...
