Tag: optimistic

Hershey Co. optimistic about second half of fiscal 2020 | 2020-07-24

HERSHEY, PA. – The Hershey Co.’s second quarter of fiscal 2020 was impacted by the coronavirus (COVID-19). Stay-at-home orders in the United States and around the world limited consumer mobility and sales opportunities. But during a conference call with analysts on July 23, company management expressed optimism about the second half of the fiscal year, even one that may feature a socially distanced Halloween.

Net income for the quarter ended June 28 was $269 million, equal to $1.33 per share on the common stock, and a decline when compared with the second quarter of fiscal 2019 when the company earned

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