Hershey’s Q2 earnings blew past expectations—revenue up 6.6% to $2.79 billion, profits soaring over 30% above forecasts—but the market stayed cool. Strong candy sales, smarter inventory, and fixed salty snack supply chains (thanks to automation) drove the results. Execs are upbeat for the rest of the year, with new products, big marketing pushes—including a movie tie-in—and expected cocoa cost relief next year. Shipping costs remain a headache, but they’re confident in their cost controls and resilience against economic headwinds.
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