Hershey Q4 2024: Sales Up 8.7%, Sees 2025 EPS Down Mid-30% on Cocoa
CONFIRMED88% CONFIDENCEStated as firm: the release is datelined "HERSHEY, Pa., Feb. 6, 2025 /PRNewswire/" and stamped 06:45 ET (11:45 UTC) on Hershey's newsroom feed; the 8-K carrying it was accepted by EDGAR at 11:50 UTC.[1]
Hershey closed 2024 with fourth-quarter net sales up 8.7% to $2.89 billion and adjusted EPS up 33% to $2.69, then warned that surging cocoa prices would cut 2025 adjusted earnings per share by about a third on sales growth of at least 2%.