Added to YB: 2024-03-22
Pitch date: 2024-03-21
HSY [bearish]
The Hershey Company
+3.85%
current return
Author Info
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Company Info
The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally.
Market Cap
$37.5B
Pitch Price
$189.11
Price Target
N/A
Dividend
2.96%
EV/EBITDA
16.78
P/E
27.66
EV/Sales
3.67
Sector
Food Products
Category
N/A
More Problems at Hershey - $HSY
HSY: Hershey faces major competition from MrBeast's Feastables, which grew from $0 to $400-500M in <2 years. Feastables has experienced team, is expanding rapidly, and has loyal fans. Meanwhile, Hershey saw 2% volume decline in 2023 and 5% in Q4 for its core NA segment.
Read full article (6 min)