Hershey Bets on Better-for-You Snacks With LesserEvil Deal [Yahoo! Finance]
The Hershey Company (HSY)
Last the hershey company earnings: 4/23 07:00 am
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Source: Yahoo! Finance
This deal aligns with Hershey's strategy of expanding beyond its iconic sweets into the better-for-you snacking space. By adding LesserEvil to its portfolio, Hershey is doubling down on its commitment to meet changing consumer preferences. The deal is still subject to regulatory approval and is expected to be closed later this year. Hershey has been steadily growing its snack portfolio, and acquiring LesserEvil is a strategic step in that expansion. The company already owns top confectionery brands like Hershey's, Reese's and Jolly Ranchers, along with fast-growing salty snack brands such as SkinnyPop, Dot's Homestyle Pretzels and Pirate's Booty. LesserEvil's focus on bold flavors and clean ingredients makes it a strong addition to this lineup. This acquisition will help Hershey broaden its better-for-you snack offerings while introducing new product categories and formats to appeal to a wider audience. Additionally, LesserEvil's manufacturing capabilities will enhance production
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News
- Hershey (NYSE:HSY) was upgraded by analysts at Morgan Stanley from a "mixed" rating to an "overweight" rating.MarketBeat
- Hershey (NYSE:HSY) had its price target raised by analysts at Stifel Nicolaus from $185.00 to $195.00. They now have a "hold" rating on the stock.MarketBeat
- Hershey: Defensive Strength, Moderate Upside [Seeking Alpha]Seeking Alpha
- Hershey Uses Holiday Nostalgia To Build Brand Awareness [Forbes]Forbes
- Hershey (NYSE:HSY) had its price target raised by analysts at Morgan Stanley from $184.00 to $195.00. They now have an "equal weight" rating on the stock.MarketBeat
HSY
Earnings
- 10/30/25 - Beat
HSY
Sec Filings
- 12/17/25 - Form 144
- 12/16/25 - Form 4
- 12/16/25 - Form 4
- HSY's page on the SEC website