Why Hershey Leaves a Bad Taste?
August 07, 2015 at 12:09 PM EDT
Better-than-expected per-share earnings were not enough to sweeten the Street towards Hershey (HSY) after it reported flat sales and cut its full-year sales forecast again. The candy maker earned 78 cents a share in the recent quarter, beating the 75 cents a share expected by analysts. But sales remained almost flat, pressured by weakness overseas [...]