Hershey’s swings to a surprise profit in the fiscal third quarter

The Hershey Company (NYSE: HSY) reported its financial results on Friday that blew past Wall Street estimates for profit and revenue in the fiscal third quarter. The company also gave upbeat guidance for the full year on Friday. CEO Michele Buck commented on the earnings report on Friday and said: “Our core U.S. business remains healthy as consumers reach for small treats during the pandemic, and our decision to lean into Halloween ahead of the season supported consumers’ desire to find new and creative ways to celebrate safely.” Hershey’s Q3 financial results versus analysts’ estimates Hershey’s said that its net