Hershey (HSY) Benefits From Effective Pricing & Buyouts
Hershey(HSY) Zacks Investment Research·2024-04-09 13:56The Hershey Company (HSY) is reaping benefits from a favorable pricing environment. The leading snacks company undertakes strategic buyouts to enhance its portfolio. The company regularly brings innovation to its core brands. However, Hershey is not immune to a rising cost environment.Let’s delve deeper.What’s Working in Hershey’s Favor?Hershey is undertaking strategic pricing initiatives to improve its performance. The trend continued in the fourth quarter of 2023, with net sales rising 0.2% and a 6.5-poin ...