The Hershey Company (HSY) in Pivotal Point Check: From Chocolate Bar to Snacking Powerhouse - End of Cocoa Crisis and 28% Growth in Salty Snacks!
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Hershey significantly surpassed analyst estimates with earnings per share of $6.21. The salty snacks segment shone in Q4 with a 28% increase in revenue, solidifying the transformation into a broad snacking company. Management is promising a massive increase in profits and a dividend hike. The traditional US candy giant surprised the markets with a strong price jump on February 5. The following day, the stock rose another 3%. In just 2 days, Hershey's stock gained about 12% in value and reached its highest level since August...
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