Our net income increased by 18% in the second quarter, the company sold more candy, its ingredient costs down.
The suite katz, Twizzlers and Hershey's kiss manufacturers to raise and years to increase its dividend on Thursday.
For as of June 30, Hector co., LTD., earned $159500000, or 70 cents a share. Compared with $135700000, or 59 cents per share, in the same month from a year earlier.
Squeamishness about pensions, the cost of acquisition and other items, earnings rose 6 cents, to 72 cents a share, a penny more than Wall Street's forecasts. Improve profits lower raw material costs, sales profits and higher sales more profitable candy.
Hershey, Pennsylvania, the company's revenue grew by 7%, to $1.51 billion, from $1.41 billion in the quarter. Performance in line with Wall Street's forecast, according to FactSet. The company says it received many big brand's market share. In the United States and overseas also lifted the sales of new products.
Congratulate this year and is expected to Hershey's kiss drops of luxury and Hershey chocolate, launched in China in the fourth quarter, such as new product will drive sales, as well as the higher capacity of core brands. The company's revenue is expected to rise 7% in 2013. Its previous forecast of 5% to 7% of its revenue.
The company also raised its profit forecast increased slightly, to $3.68 at $3.68 per share. FactSet research analyst forecast of $3.66 a share.
Hershey lifted its quarterly dividend of 6.5 cents, or 16%, to 48.5 cents. Dividends will be on September 13 to August 23, shareholders to pay.
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