Enhanced Investments - Financial Portal

Hershey [HSY] Conference call transcript for 2022 q3

2022-11-04 11:33:03

Fiscal: 2022 q3

Operator: Greetings and welcome to The Hershey Company Third Quarter 2021 Question-and-Answer Session. At this time, all participants are in a listen-only mode. As a reminder, this conference is being recorded. I would now like to turn this call over to your host, Ms. Melissa A. Poole, Vice President, Investor Relations for The Hershey Company. Thank you. You may begin.

Melissa A. Poole: Good morning, everyone. Thank you for joining us today for the Hershey Company's third quarter 2022 earnings Q&A Session. I hope everyone has had the chance to read our press release and listen to our pre-recorded management remarks, both of which are available on our website. In addition, we have posted a transcript of the prerecorded remarks. At the conclusion of today's live Q&A Session, we will also post the transcript and audio replay of this call. Please note that during today's Q&A Session, we may make forward-looking statements that are subject to various risks and uncertainties. These statements include expectations and assumptions regarding the company's future operations and financial performance. Actual results could differ materially from those projected. The company undertakes no obligation to update these statements based on subsequent events. A detailed listing of such risks and uncertainties can be found in today's press release and the company's SEC filings. Finally, please note that we may refer to certain non-GAAP financial measures that we believe will provide useful information for investors. The presentation of this information is not intended to be considered in isolation or as a substitute for the financial information presented in accordance with GAAP. Reconciliations to the GAAP results are included in this morning's press release. Joining me today are Hershey's Chairman and CEO, Michele Buck; and Hershey's Senior Vice President and CFO, Steve Voskuil. With that I will turn it over to the operator for the first question.

Operator: Thank you. Our first question is coming from the line of Andrew Lazar with Barclays. Please proceed with your questions.

Operator: Thank you. Our next question comes from the line of Bryan Spillane with Bank of America. Please proceed with your questions.

Operator: Our next question is in the line of Michael Lavery with Piper Sandler. Please proceed with your question.

Operator: Thank you. Our next question is in the line of Robert Moskow with Credit Suisse. Please proceed you with your questions.

Operator: The next question comes from the line of Ken Goldman with J.P. Morgan. Please proceed with your questions.

Operator: The next question is from the line of Alexia Howard with Bernstein. Please just proceed with your question.

Operator: Our next question is from the line of Pamela Kaufman with Morgan Stanley. Please proceed with your questions.

Operator: The next question is from the line of Nick Modi with RBC. Please proceed with your questions.

Operator: Our next question comes from the line of Jason English with Goldman Sachs. Please proceed with your question.

Operator: The next question comes from the line of Chris Growe with Stifel. Please proceed with your questions.

Operator: The next question is from the line of Cody Ross with UBS. Please proceed with your question.

Operator: The next question is from the line of Jonathan Feeney with Consumer Edge. Please proceed with your question.

Operator: Our next question is from the line of David Palmer with Evercore ISI. Please proceed with your question.

Operator: Thank you. At this time I'll turn the call back to Melissa Poole for closing remarks.

Melissa A. Poole: Thank you for joining us this morning. We look forward to catching up with you throughout that day to answer any other questions you may have. Have a great day.

Operator: Thank you. This will conclude today's conference. You may disconnect your lines at this time. Thank you for your participation.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.