The Hershey Company or Hershey, the American confectionery company is undervalued, according to Wolfteam Ltd.'s projections and estimates.
With 10.42 billion USD revenue, growing at 16.14 % with net profit margin of 15.79 % for the calendar 2022, Hershey's intrinsic worth is 52 billion USD, compared with Hershey's current market capitalization of 39.97 billion USD, according to Wolfteam Ltd.'s view
Hershey recently reported also its fourth quarter 2023, full year 2023 earnings:
Fourth-Quarter 2023 Financial Results Summary1
- Consolidated net sales of $2,657.1 million, an increase of 0.2%.
- Organic, constant currency net sales decreased 0.1%.
- Reported net income of $349.0 million, or $1.70 per share-diluted, a decrease of 11.5%.
- Adjusted earnings per share-diluted of $2.02, flat with the prior year.
1 All comparisons for the fourth quarter of 2023 are with respect to the fourth quarter ended December 31, 2022. |
2023 Full-Year Financial Results Summary2
- Consolidated net sales of $11,165.0 million, an increase of 7.2%.
- Organic, constant currency net sales increased 7.0%.
- Reported net income of $1,861.8 million, or $9.06 per share-diluted, an increase of 13.8%.
- Adjusted earnings per share-diluted of $9.59, an increase of 12.6%.
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