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Hershey Reports Fourth-Quarter and Full-Year 2021 Financial Results; Provides 2022 Outlook - Vimarsana News

Hershey Reports Fourth-Quarter and Full-Year 2021 Financial Results; Provides 2022 Outlook

/PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the fourth quarter and full-year ended December 31, 2021. "In 2021,...

Hershey Reports Fourth-Quarter and Full-Year 2021 Financial Results; Provides 2022 Outlook - Vimarsana News

Hershey Reports Fourth-Quarter and Full-Year 2021 Financial Results; Provides 2022 Outlook

/PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the fourth quarter and full-year ended December 31, 2021. "In 2021,...

Hershey Reports First-Quarter 2021 Financial Results; Raises 2021 Net Sales and Earnings Outlook - Vimarsana News

Hershey Reports First-Quarter 2021 Financial Results; Raises 2021 Net Sales and Earnings Outlook

Appendix I Details of the charges included in GAAP results, as summarized in the press release (above), are as follows: Derivative Mark-to-Market (Gains) Losses:  The mark-to-market (gains) losses on commodity derivatives are recorded as unallocated and excluded from adjusted results until such time as the related inventory is sold, at which time the corresponding (gains) losses are reclassified from unallocated to segment income.  Since we often purchase commodity contracts to price inventory requirements in future years, we make this adjustment to facilitate the year-over-year comparison ...