Latest news with #TheHersheyCompany
Business Insider
10-07-2025
- Business
- Business Insider
RBC Capital Remains a Hold on The Hershey Company (HSY)
RBC Capital analyst Nik Modi maintained a Hold rating on The Hershey Company on July 8 and set a price target of $175.00. The company's shares closed yesterday at $161.95. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Modi is a 3-star analyst with an average return of 1.2% and a 51.98% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Constellation Brands, Procter & Gamble, and Clorox. In addition to RBC Capital, The Hershey Company also received a Hold from Bernstein's Alexia Burland Howard in a report issued yesterday. However, on the same day, Wells Fargo maintained a Sell rating on The Hershey Company (NYSE: HSY). Based on The Hershey Company's latest earnings release for the quarter ending March 30, the company reported a quarterly revenue of $2.81 billion and a net profit of $224.2 million. In comparison, last year the company earned a revenue of $3.25 billion and had a net profit of $797.45 million Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HSY in relation to earlier this year. Most recently, in May 2025, Robert Malcolm, a Director at HSY sold 5,488.00 shares for a total of $907,221.28.
Yahoo
18-06-2025
- Business
- Yahoo
Sally Beauty Holdings Appoints Max Rangel to Board of Directors
DENTON, Texas, June 18, 2025--(BUSINESS WIRE)--Sally Beauty Holdings, Inc. (NYSE: SBH) today announced the appointment of Max Rangel, consumer products industry veteran and Global President and CEO of Spin Master Corporation, to its Board of Directors, effective immediately. "We are very pleased to have Max join our Board of Directors and bring his C-suite experience and industry expertise gained from more than three decades at consumer goods companies including Procter & Gamble, The Hershey Company, and S.C. Johnson & Son," said Diana Ferguson, Chair of SBH's Board. "Max is a seasoned executive with experience driving operational excellence along with brand transformation, innovative marketing, and growth across leading global companies. We look forward to benefiting from his views and insights as the Sally Beauty Holdings team continues to focus on advancing our strategic initiatives and delivering profitable growth." "I am honored to join the Board at such an exciting moment in Sally Beauty Holdings' strategic journey," said Mr. Rangel. "The Company has made meaningful progress in reimagining the customer experience and scaling digital capabilities, and I am excited to contribute my skill sets and perspectives to help accelerate growth, innovation and drive shareholder value." Mr. Rangel will serve on the Nominating, Governance and Corporate Responsibility Committee, as well as the Compensation and Talent Committee of the Board. With the appointment of Mr. Rangel, SBH's Board now comprises ten directors, nine of whom are independent. About Max Rangel Mr. Rangel is a results-driven global C-Suite executive with 30 years of experience in the consumer products sector, including The Procter & Gamble Company, The Hershey Company, and S.C. Johnson & Son, Inc., currently serving as Global President and CEO of Spin Master Corporation, a leading public global children's toy and entertainment company. Since joining Spin Master in 2021, Mr. Rangel has overseen the strategic expansion of its portfolio, most notably through the acquisition of Melissa & Doug, strengthening its position in the children's entertainment industry. Prior to Spin Master, he held executive positions at S.C. Johnson & Son, from 2015 to 2020, where he led the Asia Pacific, Middle East, and Africa regions as well as the strategic expansion of the lifestyle brands' portfolio across Asia, Europe, Latin America, and Canada. Prior to that, Mr. Rangel served as Senior Vice President, Global Chocolate at The Hershey Company from 2012 to 2015. Earlier in his career, Mr. Rangel held various leadership positions of increasing responsibility during his 22 years with Procter & Gamble spanning general management, marketing, and supply chain across North America, Latin America, and Asia. Mr. Rangel holds an MBA and a Bachelor of Science in Engineering, both from Tulane University. Mr. Rangel also serves as a member of the Board of Directors of Spin Master and a member of the Advisory Board of Break the Ceiling Touch the Sky. About Sally Beauty Holdings, Inc. Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty Supply and Beauty Systems Group businesses. Sally Beauty Supply stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion®, Bondbar®, Strawberry Leopard®, Generic Value Products®, Inspired by Nature® and Silk Elements® as well as professional lines such as Wella®, Clairol®, OPI®, L'Oreal®, Wahl® and Babyliss Pro®. Beauty Systems Group stores, branded as Cosmo Prof® or Armstrong McCall® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell®, Wella®, Matrix®, Schwarzkopf®, Kenra®, Goldwell®, Joico®, Amika® and Moroccanoil®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit View source version on Contacts Contact: Jeff HarkinsInvestor Relations940-297-3877jharkins@
Business Wire
18-06-2025
- Business
- Business Wire
Sally Beauty Holdings Appoints Max Rangel to Board of Directors
DENTON, Texas--(BUSINESS WIRE)--Sally Beauty Holdings, Inc. (NYSE: SBH) today announced the appointment of Max Rangel, consumer products industry veteran and Global President and CEO of Spin Master Corporation, to its Board of Directors, effective immediately. 'We are very pleased to have Max join our Board of Directors and bring his C-suite experience and industry expertise gained from more than three decades at consumer goods companies including Procter & Gamble, The Hershey Company, and S.C. Johnson & Son,' said Diana Ferguson, Chair of SBH's Board. 'Max is a seasoned executive with experience driving operational excellence along with brand transformation, innovative marketing, and growth across leading global companies. We look forward to benefiting from his views and insights as the Sally Beauty Holdings team continues to focus on advancing our strategic initiatives and delivering profitable growth.' 'I am honored to join the Board at such an exciting moment in Sally Beauty Holdings' strategic journey,' said Mr. Rangel. 'The Company has made meaningful progress in reimagining the customer experience and scaling digital capabilities, and I am excited to contribute my skill sets and perspectives to help accelerate growth, innovation and drive shareholder value.' Mr. Rangel will serve on the Nominating, Governance and Corporate Responsibility Committee, as well as the Compensation and Talent Committee of the Board. With the appointment of Mr. Rangel, SBH's Board now comprises ten directors, nine of whom are independent. About Max Rangel Mr. Rangel is a results-driven global C-Suite executive with 30 years of experience in the consumer products sector, including The Procter & Gamble Company, The Hershey Company, and S.C. Johnson & Son, Inc., currently serving as Global President and CEO of Spin Master Corporation, a leading public global children's toy and entertainment company. Since joining Spin Master in 2021, Mr. Rangel has overseen the strategic expansion of its portfolio, most notably through the acquisition of Melissa & Doug, strengthening its position in the children's entertainment industry. Prior to Spin Master, he held executive positions at S.C. Johnson & Son, from 2015 to 2020, where he led the Asia Pacific, Middle East, and Africa regions as well as the strategic expansion of the lifestyle brands' portfolio across Asia, Europe, Latin America, and Canada. Prior to that, Mr. Rangel served as Senior Vice President, Global Chocolate at The Hershey Company from 2012 to 2015. Earlier in his career, Mr. Rangel held various leadership positions of increasing responsibility during his 22 years with Procter & Gamble spanning general management, marketing, and supply chain across North America, Latin America, and Asia. Mr. Rangel holds an MBA and a Bachelor of Science in Engineering, both from Tulane University. Mr. Rangel also serves as a member of the Board of Directors of Spin Master and a member of the Advisory Board of Break the Ceiling Touch the Sky. About Sally Beauty Holdings, Inc. Sally Beauty Holdings, Inc. (NYSE: SBH), as the leader in professional hair color, sells and distributes professional beauty supplies globally through its Sally Beauty Supply and Beauty Systems Group businesses. Sally Beauty Supply stores offer up to 7,000 products for hair color, hair care, nails, and skin care through proprietary brands such as Ion ®, Bondbar ®, Strawberry Leopard ®, Generic Value Products ®, Inspired by Nature ® and Silk Elements ® as well as professional lines such as Wella ®, Clairol ®, OPI ®, L'Oreal ®, Wahl ® and Babyliss Pro ®. Beauty Systems Group stores, branded as Cosmo Prof ® or Armstrong McCall ® stores, along with its outside sales consultants, sell up to 8,000 professionally branded products including Paul Mitchell ®, Wella ®, Matrix ®, Schwarzkopf ®, Kenra ®, Goldwell ®, Joico ®, Amika ® and Moroccanoil ®, intended for use in salons and for resale by salons to retail consumers. For more information about Sally Beauty Holdings, Inc., please visit
Glasgow Times
12-06-2025
- Health
- Glasgow Times
Jolly Rancher sweets recalled in UK as they're unsafe to eat
Four Jolly Rancher products have been recalled, as the FSA has told anyone who has bought them not to eat them. The affected products are the Jolly Rancher Hard Candy, Jolly Rancher 'Misfits' Gummies, Jolly Rancher Hard Candy Fruity 2 in 1, and the Jolly Rancher Berry Gummies. The recall covers all pack sizes, batch codes, and best before dates of the sweets listed above. They contain Mineral Oil Aromatic Hydrocarbons, (MOAH), and Mineral Oil Saturated Hydrocarbons, (MOSH), making them unsafe to eat. Wednesday 11 June 2025. Food Alert "For Action": To Consumers who have purchased and Food Businesses who have purchased and sold Jolly Rancher products manufactured by The Hershey Company #FoodAlert — Food Standards Agency (@foodgov) June 11, 2025 The FSA said: 'For consumers, don't buy them, and if you've eaten these products, there should be no immediate cause for concern, as food safety risk is low, but don't eat any more. 'These products contain mineral oil, which isn't allowed in food in the UK and may pose a food safety risk if consumed regularly over a sustained period of time.' The FSA said that the Hershey Company, who produces Jolly Rancher sweets, had been working collaboratively to remove unsafe products from the UK markets. It added that while the parent company had decided to stop supplying the UK market in 2024 some businesses still continued to import the products for sale in the UK. An FSA spokesman said: 'Although the levels consumers are exposed to are likely to be low, they may present a risk to health because they contain Mineral Oil Aromatic Hydrocarbons, (MOAH), and Mineral Oil Saturated Hydrocarbons, (MOSH). 'Consumption of the affected sweets is of toxicological concern, especially in younger age groups and where consumers eat a lot of the products or eat them regularly. 'MOAH can cause damage to DNA and has the potential to increase the risk of cancer, particularly if consumed in high quantities over a prolonged period of time. MOAH is a genotoxic carcinogen, therefore no exposure is without risk to human health. 'We are asking enforcement authorities to make immediate contact with businesses who may have been supplied with or received the affected products, and to take action to ensure that the non-compliant and potentially unsafe products are withdrawn from the market and where sold at retail, recalled. 'We are also asking the Local Authorities to inform the FSA of product recall and withdrawal actions. 'If you have bought any of the above products, do not eat them. Instead, dispose of them at home. 'If you are concerned, notify your Trading Standards department or environmental health department in the local authority you purchased it.' What is a product recall? If there is a problem with a food product that means it should not be sold, then it might be 'withdrawn' (taken off the shelves) or 'recalled' (when customers are asked to return the product). The FSA issues Product Withdrawal Information Notices and Product Recall Information Notices to let consumers and local authorities know about problems associated with food. In some cases, a 'Food Alert for Action' is issued. This provides local authorities with details of specific actions to be taken on behalf of consumers.
South Wales Guardian
12-06-2025
- Health
- South Wales Guardian
Jolly Rancher sweets recalled in UK as they're unsafe to eat
Four Jolly Rancher products have been recalled, as the FSA has told anyone who has bought them not to eat them. The affected products are the Jolly Rancher Hard Candy, Jolly Rancher 'Misfits' Gummies, Jolly Rancher Hard Candy Fruity 2 in 1, and the Jolly Rancher Berry Gummies. The recall covers all pack sizes, batch codes, and best before dates of the sweets listed above. They contain Mineral Oil Aromatic Hydrocarbons, (MOAH), and Mineral Oil Saturated Hydrocarbons, (MOSH), making them unsafe to eat. Wednesday 11 June 2025. Food Alert "For Action": To Consumers who have purchased and Food Businesses who have purchased and sold Jolly Rancher products manufactured by The Hershey Company #FoodAlert The FSA said: 'For consumers, don't buy them, and if you've eaten these products, there should be no immediate cause for concern, as food safety risk is low, but don't eat any more. 'These products contain mineral oil, which isn't allowed in food in the UK and may pose a food safety risk if consumed regularly over a sustained period of time.' The FSA said that the Hershey Company, who produces Jolly Rancher sweets, had been working collaboratively to remove unsafe products from the UK markets. It added that while the parent company had decided to stop supplying the UK market in 2024 some businesses still continued to import the products for sale in the UK. An FSA spokesman said: 'Although the levels consumers are exposed to are likely to be low, they may present a risk to health because they contain Mineral Oil Aromatic Hydrocarbons, (MOAH), and Mineral Oil Saturated Hydrocarbons, (MOSH). 'Consumption of the affected sweets is of toxicological concern, especially in younger age groups and where consumers eat a lot of the products or eat them regularly. 'MOAH can cause damage to DNA and has the potential to increase the risk of cancer, particularly if consumed in high quantities over a prolonged period of time. MOAH is a genotoxic carcinogen, therefore no exposure is without risk to human health. 'We are asking enforcement authorities to make immediate contact with businesses who may have been supplied with or received the affected products, and to take action to ensure that the non-compliant and potentially unsafe products are withdrawn from the market and where sold at retail, recalled. 'We are also asking the Local Authorities to inform the FSA of product recall and withdrawal actions. 'If you have bought any of the above products, do not eat them. Instead, dispose of them at home. 'If you are concerned, notify your Trading Standards department or environmental health department in the local authority you purchased it.' If there is a problem with a food product that means it should not be sold, then it might be 'withdrawn' (taken off the shelves) or 'recalled' (when customers are asked to return the product). The FSA issues Product Withdrawal Information Notices and Product Recall Information Notices to let consumers and local authorities know about problems associated with food. In some cases, a 'Food Alert for Action' is issued. This provides local authorities with details of specific actions to be taken on behalf of consumers.
