Hershey

Hershey reported Q2 net sales up 6.6% year over year and adjusted EPS up 57% despite cocoa costs rising more than 120% over the past six months, reflecting notable pricing power. Management is rolling out its largest-ever Halloween lineup, "Hersheyween," to capture early seasonal demand for chocolate, gummies and sour candy. The stock yields 3.2%, trades below its 52-week high and is relatively flat year to date, making the company appealing for income-focused investors even though it was not included in the Motley Fool Stock Advisor top 10 list. » More on finance.yahoo.com

Bernstein expects Hershey and Mondelez to expand their successful product collaborations rather than pursue a full merger. Attractive areas for cooperation include China and Western Europe, where Mondelez has a stronger distribution network and Hershey could grow market share via licensing agreements or joint ventures. An acquisition remains theoretically possible but is unlikely because the Hershey Trust controls voting rights and a deal would cause short-term earnings dilution; Bernstein’s models show, however, that long-term cost synergies could boost EPS. » More on de.investing.com

Hershey said Reese's pumpkin-shaped candies will return to stores this month with the same smooth, uncarved shape after a 2025 lawsuit over deceptive packaging was dismissed. The company is launching its largest Halloween lineup with 20 themed products, including returning and new items across chocolate and non-chocolate snacks. Hershey noted Reese's pumpkins remain a top seasonal seller as consumers increasingly buy Halloween items earlier in the year. » More on cbsnews.com