Hershey exec - expect q4 gross margin expansion to be less than q3

Hershey exec - $2 billion reese's brand's retail sales grew over 6% in q3.hershey exec - reese's, hershey miniatures, kisses and kit kat are seeing nice lifts from our new packaging in the take home aisle.hershey exec - e-commerce confection business posted net sales growth of about 50% in q3, driven by strong halloween sell-in.exec - one brands portfolio has net sales of about $100 million.hershey exec - expect q4 gross margin expansion to be less than third quarter.exec - expect fy interest expense of about $145 million, the high end of prior range due to recent acquisition of one brands.exec - given acquisition-related costs, we expect it to be slightly dilutive to reported earnings & have a negligible impact to adjusted profit in q4.hershey exec - q3 organic constant currency net sales growth driven primarily by pricing in north america & volume growth in international.hershey exec - cocoa prices today versus last 12 to 24 months, they're higher, so at minimum, we're not likely to have a tailwind in 2020.hershey exec - brazil market is challenged given combination of macroeconomic and competitive activity around deep discounting.
HSY Ratings Summary
HSY Quant Ranking