The Hershey Company (HSY) is a large-cap stock with a market cap of $38.8 billion, known for its chocolates and candies. Despite a recent drop from its 52-week high, HSY stock has outperformed the Consumer Staples Select Sector SPDR Fund (XLP) over three months. HSY stock has also climbed above its moving averages recently.

Hershey reported better-than-expected Q3 results, with sales momentum and organic constant currency sales up 6.2%. Despite a 44.4% decrease in adjusted EPS, the company’s overall topline surged 6.5% to $3.2 billion. However, the market was disappointed by the lack of improvement in full-year earnings guidance post-results.

HSY has outperformed Mondelez International, Inc. (MDLZ) with a 7.9% YTD gain and 2.8% increase over 52 weeks, compared to MDLZ’s 6.3% drop and 14.2% decline.

Read more at Yahoo Finance: How Is Hershey’s Stock Performance Compared to Other Consumer Staples Stocks?