Hershey Stock Hits All-Time High on Sweet Earnings Beat and Guidance Raise
On Thursday, shares of The Hershey Company (NYSE: HSY) gained 4.4% and hit an all-time high, following the confectionary and snack food giant's release of a strong first-quarter 2023 report. The company behind such popular brands as its namesake brand, Reese's, Kit Kat, Twizzlers, and SkinnyPop Popcorn exceeded Wall Street's revenue and earnings expectations, with the profit beat a sizable one.