Hershey's 4Q Profit Rises 7 Pct on Strong Sales
Publish Date:
February 3, 2011
Hershey extended a string of impressive results, saying Wednesday that its fourth-quarter profit rose nearly 7 percent as holiday shopping in the U.S. was brisk and growth accelerated in emerging markets. The results met Wall Street's expectations and the company raised its dividend. Its shares rose 98 cents, or 2.1 percent, to $48.12 by mid-afternoon.
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