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Hershey | 10-Q: Q3 2024 Earnings Report

Hershey | 10-Q: Q3 2024 Earnings Report

好時 | 10-Q:2024財年三季報
美股SEC公告 ·  11/08 00:28

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Hershey, a global confectionery leader, reported a decrease in net sales for the third quarter of 2024, with a 1.4% drop compared to the same period in 2023, totaling $2,987.5 million. The decline was attributed to a volume decrease of approximately 3%, primarily in salty snack brands, and was partially offset by a favorable price realization of approximately 2%. Operating profit also saw a decrease of 16.7% to $613.2 million, with a corresponding operating profit margin reduction to 20.5%. Net income for the quarter fell by 13.9% to $446.3 million, and diluted earnings per share decreased by 12.7% to $2.20. The company's business development included the acquisition of assets from Weaver Popcorn Manufacturing, Inc. in May 2023, enhancing manufacturing capacity for Hershey's SkinnyPop brand. Hershey's future plans involve monitoring discretionary spending and evaluating potential impacts of macroeconomic conditions, including commodity price volatility and geopolitical events, on its business operations and financial results. The company remains confident in its liquidity to support strategic initiatives despite the challenging economic environment.
Hershey, a global confectionery leader, reported a decrease in net sales for the third quarter of 2024, with a 1.4% drop compared to the same period in 2023, totaling $2,987.5 million. The decline was attributed to a volume decrease of approximately 3%, primarily in salty snack brands, and was partially offset by a favorable price realization of approximately 2%. Operating profit also saw a decrease of 16.7% to $613.2 million, with a corresponding operating profit margin reduction to 20.5%. Net income for the quarter fell by 13.9% to $446.3 million, and diluted earnings per share decreased by 12.7% to $2.20. The company's business development included the acquisition of assets from Weaver Popcorn Manufacturing, Inc. in May 2023, enhancing manufacturing capacity for Hershey's SkinnyPop brand. Hershey's future plans involve monitoring discretionary spending and evaluating potential impacts of macroeconomic conditions, including commodity price volatility and geopolitical events, on its business operations and financial results. The company remains confident in its liquidity to support strategic initiatives despite the challenging economic environment.
好時,全球糖果業領軍企業,報告稱2024年第三季度的淨銷售額下降了1.4%,相較於2023年同期下降,總計298750萬美元。這一下滑主要歸因於成交量下降約3%,主要是在鹹味零食品牌,同時部分得到了約2%的有利價格實現的抵消。營業利潤也下降了16.7%,降至61320萬美元,相應的營業利潤率下降至20.5%。季度淨利潤下滑了13.9%,降至44630萬美元,每股攤薄收益也下降了12.7%,降至2.20美元。公司的業務發展包括於2023年5月收購了Weaver Popcorn Manufacturing, Inc. 的資產,增強了好時的SkinnyPop品牌的製造能力。好時的未來計劃涉及監控自由支出,並評估大宏觀經濟狀況可能對其業務運營和財務結果產生的影響,包括商品價格波動和地緣政治事件。儘管經濟環境嚴峻,公司仍對其支持戰略舉措的流動性充滿信心。
好時,全球糖果業領軍企業,報告稱2024年第三季度的淨銷售額下降了1.4%,相較於2023年同期下降,總計298750萬美元。這一下滑主要歸因於成交量下降約3%,主要是在鹹味零食品牌,同時部分得到了約2%的有利價格實現的抵消。營業利潤也下降了16.7%,降至61320萬美元,相應的營業利潤率下降至20.5%。季度淨利潤下滑了13.9%,降至44630萬美元,每股攤薄收益也下降了12.7%,降至2.20美元。公司的業務發展包括於2023年5月收購了Weaver Popcorn Manufacturing, Inc. 的資產,增強了好時的SkinnyPop品牌的製造能力。好時的未來計劃涉及監控自由支出,並評估大宏觀經濟狀況可能對其業務運營和財務結果產生的影響,包括商品價格波動和地緣政治事件。儘管經濟環境嚴峻,公司仍對其支持戰略舉措的流動性充滿信心。
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