(Reuters) -Hershey Co raised its full-year sales outlook on Thursday as consumers bought more of its candies and chocolates at airports, movie theaters and other foodservice joints after the easing of COVID-19 curbs.
The U.S. chocolatier said it expected 2021 net sales to rise between 6% and 8%, compared with a prior forecast of 4% to 6% growth. Analysts on average expected annual sales to be up 5.9%, according to Refinitiv IBES data.
But the company maintained its annual profit outlook of $6.79 to $6.92 per share, compared with analysts’ expectations of $6.89 per share.
(Reporting by Mehr Bedi in Bengaluru; Editing by Aditya Soni)
