Confectionery giant Hershey expects annual revenue and profit at the upper end of its previous forecast, on the back of higher prices as well as resilient deman.
Hershey's net sales increased 12.1% to $2.98bn thanks to price and volume gains across both confectionery and salty snack segments, driven heavily by consumer demand and media investments.
/PRNewswire/ The Hershey Company (NYSE: HSY) today announced net sales and earnings for the first quarter ended April 2, 2023, and raised its full-year.
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