Hershey reinstates full-year outlook after strong third-quarter sales

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Net sales rose 4% to $2.22 billion in the third quarter ended Sept. 27, beating analysts expectations of $2.16 billion, according to IBES data from Refinitiv data.

The company also reinstated its full-year outlook that it had pulled in April saying it expects full-year net sales to rise about 1% and adjusted earnings per share to rise between 7% to 8%.