Could Hershey Stock Return to Growth in 2018?
The Hershey Company (HSY) has impressed the market with its recent financial performance. The company’s improved pricing, incremental sales from its Amplify acquisition, lower effective tax rate, and improving outlook on the input cost front are expected to drive its top and bottom lines in the upcoming quarters. Hershey’s top line is expected to increase 3.5%–5.5% in 2018 driven primarily by its Amplify acquisition.