Vienna - Delayed Quote • EUR The Hershey Company (HSY.VI) Follow Compare 150.52 -0.64 (-0.42%) As of 3:30:16 PM GMT+1. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Hershey's CEO Quit Unexpectedly in January: What Investors Need to Know There's going to be a new nameplate before long on a C-suite door of candy company Hershey (NYSE: HSY). Just after market hours last Friday -- considered by many public relations professionals to be a suitable time slot to release bad news -- it announced that CEO Michele Buck will exit the company. After all, Buck has been at Hershey for nearly 20 years, and CEOs at the conservatively managed company tend to stay for a while (Buck herself began her tenure in that position in 2017). Hershey Announces Appointments of New Presidents of Confection and Salty Divisions The Hershey Company (NYSE: HSY) today announced two leadership appointments. Andrew Archambault has been named President, U.S. Confection, and Veronica Villasenor has been named President, Salty Snacks. Both appointments are effective February 3, 2025. Hershey has plenty to chew over as CEO prepares exit Under Michele Buck, the Reese’s maker has broadened its presence in snacks but still faces important questions. Hershey CEO Michele Buck to Retire Next Year Michele Buck, a 20-year veteran of Hershey who assumed leadership in 2017, said she would step down from her roles as president and chief executive on June 30, 2026. Hershey Seeks New CEO With Michele Buck Departing Next Year (Bloomberg) -- Hershey Co. Chief Executive Officer Michele Buck will step down from her role next year and the company has started a search for her successor. Most Read from BloombergA Blueprint for Better Bike LanesWhat Robotaxis Brought San FranciscoAmbitious High-Speed Rail Plans Advance in the Baltic RegionNYC Condo Owners May Bear Costs of Landmark Green Building LawNew York, San Francisco Ranked Worst for US Traffic in City CentersBuck, 63, told the board that she intends to retire on June Hershey Announces CEO Succession Plan The Hershey Company (NYSE: HSY) today announced that Michele Buck, Chairman of the Board of Directors, President and Chief Executive Officer, has informed the Board of her intention to retire from the Company effective June 30, 2026. Ms. Buck intends to serve in her existing roles until her successor is appointed, at which time she plans to resign from the Board and transition to a senior advisor role until her retirement. Why Hershey, Flowers Foods And Shutterstock Are Winners For Passive Income Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Hershey, Flowers Foods and Shutterstock have rewarded shareholders for years and recently announced dividend increases. These ... How Should You Play Hershey Stock at a P/E Multiple of 20.2x? HSY is operating in a challenging environment, thanks to historically high cocoa prices and a stretched consumer base. Cocoa Jumps as Market Weighs Hershey Ask for Huge Exchange Buy (Bloomberg) -- Cocoa futures surged, reversing losses from the prior session, on news that chocolate maker Hershey Co. is seeking permission for a large purchase through the New York exchange.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Ambitious High-Speed Rail Plans Advance in the Baltic RegionTh 2 Reasons to Buy Hershey Stock Like There's No Tomorrow Shareholders in Hershey (NYSE: HSY) are hoping for sweeter days ahead following a frustrating 2024. Hershey, with its signature chocolate, is a globally recognized consumer goods pioneer with a legacy spanning more than 125 years. In recent years, Hershey has also made progress expanding into salty snacks by acquiring brands like SkinnyPop popcorn and Dot's Pretzels, which have emerged as key growth catalysts. Hershey seeking CFTC approval to buy more ICE cocoa than allowed, says report Chocolate maker Hershey Co has requested permission from the Commodity Futures Trading Commission (CFTC) to buy an amount of cocoa from the stocks of ICE exchange that is much larger than the maximum allowed, a report said on Wednesday. According to a report from Bloomberg News, Hershey wants to receive as much as 90,000 metric tons of cocoa from ICE certified stocks using futures contracts, which would equal 9,000 contracts. The current position limit set by CFTC is 4,900 contracts. Hershey Seeks CFTC Approval to Buy Huge New York Cocoa Pile (Bloomberg) -- Hershey Co. is asking the US’s top derivatives regulator for permission to buy a huge amount of cocoa through the New York exchange after global shortages sent prices to a record, according to people familiar with the matter.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeNYC Condo Owners May Bear Costs of Landmark Green Building LawDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?Can Two Reasons to Like HSY and One to Stay Skeptical Over the past six months, Hershey’s stock price fell to $167.86. Shareholders have lost 9.1% of their capital, which is disappointing considering the S&P 500 has climbed by 6.3%. This was partly due to its softer quarterly results and might have investors contemplating their next move. Hershey (NYSE:HSY) investors are sitting on a loss of 8.4% if they invested three years ago In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market... 1 Dividend Growth Stock Down 35% to Buy Right Now. Hershey (NYSE: HSY) isn't normally viewed as a high-yield stock, but its dividend yield of 3.2% today is near its highest level ever. Investors can still easily find higher yields on Wall Street. Here's what's going on and why you might want to buy Hershey right now. The Hershey Company (NYSE:HSY) is largely controlled by institutional shareholders who own 89% of the company Key Insights Significantly high institutional ownership implies Hershey's stock price is sensitive to their trading... Shelf-Stable Food Stocks Q3 Teardown: Post (NYSE:POST) Vs The Rest The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how shelf-stable food stocks fared in Q3, starting with Post (NYSE:POST). How Rising Cocoa Prices and Consumer Behavior Affect HSY's Future Hershey is battling rising costs and shifting consumer behavior, leading to a lowered 2024 forecast and increased market challenges. Are Investors Undervaluing The Hershey Company (NYSE:HSY) By 45%? Key Insights The projected fair value for Hershey is US$309 based on 2 Stage Free Cash Flow to Equity Current share... Winners And Losers Of Q3: Hershey (NYSE:HSY) Vs The Rest Of The Shelf-Stable Food Stocks As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the shelf-stable food industry, including Hershey (NYSE:HSY) and its peers. Performance Overview Trailing total returns as of 1/15/2025, which may include dividends or other distributions. Benchmark is S&P 500 Return HSY.VI S&P 500 YTD -8.15% +0.53% 1-Year -10.94% +24.13% 3-Year -6.48% +27.35%