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Market sentiment worsens ahead of Hershey's Q3 earnings release

Earnings Whispers +1 ·

HSY Hershey Company
$175.64 +4.67%
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  1. 1Hershey's stock has since recorded a 7% decline.
  2. 2Wall Street forecasts Q3 revenue at $3.25 billion.
  3. 3Hershey management stated that actual capacity relief will not arrive until 2027.

So what's the key point?

Market sentiment has soured as Hershey's stock fell by about 7 percent. Experts expect revenue to be $3.25 billion, and management said it will take time for production capacity issues to be resolved.

Source Earnings Whispers +1 · View original ↗

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