Latest news with #Hershey'sKisses
Yahoo
18 hours ago
- Business
- Yahoo
1 Profitable Stock to Target This Week and 2 to Be Wary Of
Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn't mean it will thrive tomorrow. A business making money today isn't necessarily a winner, which is why we analyze companies across multiple dimensions at StockStory. Keeping that in mind, here is one profitable company that generates reliable profits without sacrificing growth and two that may face some trouble. Trailing 12-Month GAAP Operating Margin: 6.6% Aiming to simplify a once complicated process, EverQuote (NASDAQ:EVER) is an online insurance marketplace where consumers can compare and purchase various types of insurance from different providers Why Are We Wary of EVER? High marketing expenses suggest it needs to spend heavily on new customer acquisition to sustain momentum EverQuote is trading at $25.37 per share, or 12x forward EV/EBITDA. To fully understand why you should be careful with EVER, check out our full research report (it's free). Trailing 12-Month GAAP Operating Margin: 20.5% Best known for its milk chocolate bar and Hershey's Kisses, Hershey (NYSE:HSY) is an iconic company known for its chocolate products. Why Does HSY Worry Us? Falling unit sales over the past two years indicate demand is soft and that the company may need to revise its product strategy Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion Day-to-day expenses have swelled relative to revenue over the last year as its operating margin fell by 4.1 percentage points At $161.75 per share, Hershey trades at 26.2x forward P/E. Read our free research report to see why you should think twice about including HSY in your portfolio, it's free. Trailing 12-Month GAAP Operating Margin: 3.4% Working in stealth mode for eight years, Bloom Energy (NYSE:BE) designs, manufactures, and markets solid oxide fuel cell systems for on-site power generation. Why Will BE Outperform? Annual revenue growth of 14.5% over the past five years was outstanding, reflecting market share gains this cycle Incremental sales over the last two years have been highly profitable as its earnings per share increased by 68.2% annually, topping its revenue gains Free cash flow profile has moved into positive territory over the last five years, indicating the company has passed a significant test Bloom Energy's stock price of $21.80 implies a valuation ratio of 48.7x forward P/E. Is now the right time to buy? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
15-05-2025
- Business
- Yahoo
Hershey Kiss one step closer to becoming Pennsylvania state candy as Senate votes on bill
PENNSYLVANIA (WTAJ) — The Hershey Kiss is one step closer to becoming the official state candy of the Commonwealth after a previously introduced bill moves to the Senate. A bill originally introduced by Representative Thomas Mehaffie (R-Dauphin) has moved into the Senate after passing through the Pennsylvania House. Mehaffie argued in his bill that the Hershey Kiss is 'an iconic product' that was first produced in the Commonwealth in 1907. The Representative highlighted that the Hershey Kiss is recognizable worldwide and brings significant importance to Pennsylvania. The Hershey Co. employs almost 19,000 people, and the founder, Milton Hershey, used the Kiss as the foundation for a product line and manufacturing process that strengthened the region's economy. Peeps vs. Hershey Kiss: What should be the next Pennsylvania candy 'We believe that denoting Hershey's Kisses as the state candy will not only bring more attention to our state, but also commemorate a company and candy that has forever impacted our state's economy and values,' The bill reads. In April, Senator Lisa Boscola (D-Lehigh, Northampton) argued that Peeps, which are also produced in Pennsylvania, should also be in the running for the next state candy. Boscola noted that the impact of the marshmallow candy goes beyond the aisle, with Peeps representing a longstanding commitment to community and economic development. Boscola's legislation was never officially introduced in the Pennsylvania Senate; only a memo was circulated to her peers. Mehaffie's legislation will now be voted on by committees in the Senate before being sent for an official floor vote. If passed, the bill would then be sent to Governor Josh Shapiro's desk for consideration and signing. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
15-05-2025
- Business
- Yahoo
Could the Hershey Kiss become the state candy for Pennsylvania?
Could the classic Hershey Kiss chocolate drop become the official state candy of Pennsylvania? Here's where the process stands on the state officially adopting the Hershey Kiss. Published reports indicate the Pennsylvania House of Representatives voted on Tuesday, May 13, in favor of a bill designating the Hershey Kiss as the official state candy of Pennsylvania. House BIll 1030 pointed out the history of Hershey founder Milton Hershey and the impact the candy has had on Pennsylvania's economy. "Hershey's supports many aspects of this Commonwealth's economy, including supporting this Commonwealth's proud dairy industry for more than 125 years through the company's use of fresh dairy milk that surrounds the company's chocolate factories," read a portion of HB 1030. "The globally beloved legacy of Milton Hershey and the products he created transformed Hershey into a tourist destination for visitors from around the world." HB 1030 now goes to the Pennsylvania State Senate. State Rep. Thomas Mehaffie sponsored HB 1030, and Reps. Kristin Marcell and Perry Warren were the cosponsors. Mehaffie said the idea to make the Hershey Kiss the official state candy came from a Bucks County classroom project. "A group of dedicated young Pennsylvanians formed a committee, researched Pennsylvania's confection history, and drafted a bill to establish Hershey's Kisses as the first-in-the-nation state candy," read Mehaffie's memo. "We believe that denoting Hershey's Kisses as the state candy will not only bring more attention to our state and promote tourism, but also commemorate a company and candy that has forever impacted our state's economy and values." Damon C. Williams is a Philadelphia-based journalist reporting on trending topics across the Mid-Atlantic Region. This article originally appeared on Erie Times-News: Could the Hershey Kiss become the state candy for Pennsylvania?
Yahoo
15-05-2025
- Business
- Yahoo
Pennsylvania lawmakers pass bill making the Hershey's Kiss the 'State Candy'
(WHTM)– A bill to designate Hershey's Kiss as the Pennsylvania State candy has passed the House and advanced to the Senate. House Bill 1030, sponsored by state Representative Thomas Mehaffie (R-106) and co-sponsored by various other representatives from both sides of the aisle, would designate Hershey's Kisses as the official state candy of the Commonwealth of Pennsylvania. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now The House passed the bill 150-53 earlier this week. According to the bill, if passed, Hershey's Kisses would immediately be designated the official State candy in perpetuity, and as long as the Hershey Company remains in Pennsylvania. The bill highlights The Hershey Company's success, calling kisses one of the most iconic candies of all time. The Hershey Kiss bill has been introduced several times in the General Assembly but has faced pushback for fear of giving the 'State Candy' title to one company. In March, Pennsylvania State Senator Lisa Boscola said she plans to introduce a bill making Peeps the official candy of Pennsylvania. Hershey sells its products in 85 countries around the globe and produces more than 70,000,000 Hershey's kisses daily in Hershey. The bill added that the Hershey Company supports many aspects of Pennsylvania's economy, including its dairy industry. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CBS News
15-05-2025
- Entertainment
- CBS News
Proposed bill would make Hershey's Kisses the official candy of Pennsylvania
A new piece of legislation is aimed at making Hershey's Kisses the official state candy of Pennsylvania. Earlier this week, House Bill 1030, better known as the Hershey Kiss Bill, passed with overwhelming support. The idea for the bill actually started as a middle school social studies project. Fast forward a few years later and Rep. Tom Mehaffie, the bill's sponsor, who represents the area where the famous chocolate came to be, is now urging the state senate to vote in favor of making the Kisses a symbol of the commonwealth. Getty Images However, Sen. Lisa Boscola, who represents Lehigh County, the home of the Marshmallow Peep, is saying not so fast. Rep. Boscola released a statement last month laying out to make the iconic, colorful marshmallow treats the state's official candy. Peeps marshmallow treats move through the manufacturing process at the Just Born factory in Bethlehem, Pa., Thursday, April 10, 2025. Matt Rourke / AP Obviously, both candy items were born in Pennsylvania and have made a huge impact on the state's economy and both are internationally known. At this point, nothing is official yet and regardless whether it's the Kisses or the Peeps, Pennsylvania would be the first state in the country to have an official candy. Rep. Mahaffie has told other media outlets that Pennsylvania Gov. Josh Shapiro would make the Hershey Kisses bill official if it makes its way to his desk.
