‘Volcon On Track To Release First Electric Bicycle Soon’ -InsideEVs Report

Hershey posts Q1 FY24 earnings, surpassing estimates with a 8.9% sales surge to $3.252 billion. Notably, North America Confectionery segment sees a 10.4% boost to $2.707 billion. With a robust gross margin expansion of 520 basis points to 51.5%, Hershey reports a 21.3% rise in gross profit to $1.67 billion.