Hershey Lifts Full-Year Forecast After Q2 Earnings Top Estimates
The chocolate maker raised its annual outlook after reporting $2.79 billion in Q2 sales and $1.90 adjusted EPS, beating expectations. Hershey posted second-quarter net sales of $2.79 billion, up 6.6% year-over-year, exceeding analysts’ estimates of $2.63 billion. Adjusted