29.10.2014 - Report of Hershey failed to meet expectations of analysts
American company Hershey published a report for the third quarter, according to which the company's profit fell short of analysts expectations and forecast for 2015 was lowered. Net income decreased in the 3rd quarter to 223.7 million dollars, or $ 1 per share, compared with 233 million dollars or $ 1.03 per share last year. At the same time, it is worth noting that the company's revenue due to successful marketing strategy on the market rose to 1.96 billion dollars against 1.85 billion in the 3rd quarter of last year. Rising orders before Halloween positively displayed on the financial results for the 4th quarter. In this regard, we expect the growth of quotations of company by 20-25% per year.