A major insider of The Hershey Company, HERSHEY TRUST CO, sold 3,100 shares at $183.71, signaling possible profit-taking or portfolio adjustment. Institutional investors showed mixed sentiment with some reducing stakes, like Cetera Investment Advisers and Assetmark Inc., while others such as Norges Bank and Marshall Wace LLP increased holdings significantly. Analysts expect strong upcoming earnings with $2.70 billion in revenue and $1.45 EPS, reflecting confidence in Hershey's business growth. The stock trades near $183.91 with a market cap of about $37.30 billion, making these insider and institutional moves notable ahead of earnings.
Reese's Oreo, a collaboration between The Hershey Company and Mondelēz, marks its one-year anniversary with a new campaign featuring Lindsay Lohan, Amy Sedaris, and director Patricia Arquette. The product, combining Reese's peanut butter cups and Ore...
A new report from Hershey and Morning Consult reveals that Halloween anticipation in the U.S. now extends over four months, starting as early as July with 'Summerween' and building up to October's trick-or-treat night. This extended season creates mu...
