Hershey reports q1 adjusted earnings per share of $1.63

Hershey reports first-quarter 2020 financial results.q1 adjusted earnings per share $1.63.q1 earnings per share $1.29.q1 sales rose 1 percent to $2.037 billion.to withdraw fiscal 2020 full-year guidance.reaffirms long-term financial objectives of net sales growth in range of 2% to 4% and an increase in earnings per share of 6% to 8%.believes it has sufficient liquidity to satisfy its cash needs.hershey's north america net sales were $1,844.8 million in q1 of 2020, an increase of 2.1%.first-quarter 2020 net sales for hershey's international and other segment decreased 8.1% versus same period last year to $192.5 million."overall, company's q1 performance was relatively in line with expectations, with a modest impact from covid-19".q1 earnings per share view $1.71, revenue view $2.08 billion -- refinitiv ibes data.
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