A confectionery and snack maker whose chocolate bars, Reese's cups, and Hershey's Kisses sit in candy aisles worldwide, alongside SkinnyPop and Dot's pretzels. Founder Milton Hershey — bankrupt in two earlier cities before hitting it big with caramel — pivoted to chocolate after seeing German machinery at the 1893 Chicago World's Fair, then built the town of Hershey, Pennsylvania, around his factory. Hershey's Kisses, from 1907, may be named for the smooching sound of the chocolate-dropping machines.
Hershey reports Q2 2026 net sales up 6.6% to $2,787.3M, adjusted EPS up 57% to $1.90
Second-quarter 2026 consolidated net sales were $2,787.3 million, up 6.6% from the prior-year quarter; organic constant currency net sales rose 3.6%.
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Reported net income was $457.7 million, or $2.26 per diluted share, up 629.0%; adjusted EPS was $1.90, up 57.0%.
For the six months ended June 28, 2026, net sales were $5,891.5 million, up 8.7%; reported EPS was $4.39, up 211.3%; adjusted EPS was $4.25, up 28.4%.
The company narrowed its 2026 full-year outlook: net sales growth now 4.5% to 5%, organic net sales growth 3% to 3.5%, reported EPS growth 82% to 89%, and adjusted EPS growth 32.5% to 35%.
North America Confectionery segment net sales rose 4.2% to $2,173.6 million; North America Salty Snacks rose 22.9% to $387.8 million (with LesserEvil acquisition contributing ~22 points); International rose 5.7% to $225.9 million.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Hershey appoints Joe Park to its Board of Directors, effective June 29, 2026.
Mr. Park will serve on the Audit and Finance and Risk Management Committees of the Board.
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On June 3, 2026, the Board of Directors of The Hershey Company appointed Joe Park as a member of the Board, effective June 29, 2026.
He is currently Executive Vice President and Chief Digital and Information Officer at State Farm, with over 20 years of experience in digital transformation and technology strategy.
The Board determined that Mr. Park qualifies as an independent director under NYSE listing standards.
Mr. Park will be compensated under the Company's non-employee director compensation program as described in the 2026 proxy statement.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
Hershey names Mitchell Arends Chief Supply Chain Officer; Jason Reiman to retire
Jason Reiman steps down from Chief Supply Chain Officer role on June 22, 2026, and will remain as Senior Vice President, Supply Chain Modernization until retirement in Q2 2027.
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Mitchell Arends appointed Senior Vice President, Chief Supply Chain Officer, effective June 22, 2026.
Reiman is retiring after a 30-year career at Hershey, including roles from intern to Chief Supply Chain Officer.
Arends joins from UTZ Brands, where he was EVP, Principal Operating Officer, and Chief Integrated Supply Chain Officer.
During the transition through Q1 2027, Reiman will partner with Arends on supply chain modernization.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Hershey holds 2026 Annual Meeting; all director nominees elected and auditor ratified.
All 11 director nominees were elected; 9 elected by common and Class B stockholders voting together, and 2 elected by common stockholders voting separately.
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The Hershey Company held its 2026 Annual Meeting of Stockholders on May 5, 2026 via live webcast.
Stockholders ratified Ernst & Young LLP as independent auditors for fiscal year ending December 31, 2026, with 673,359,047 votes for.
The non-binding advisory vote on named executive officer compensation was approved with 634,080,237 votes for.
The report was filed under Item 5.07 to disclose the final voting results of the annual meeting.
5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
Hershey reports Q1 2026 net sales of $3,104.2 million, up 10.6%, and reaffirms 2026 outlook.
Reported net income was $435.1 million, or $2.13 per diluted share, up 93.6% year-over-year; adjusted EPS was $2.35, up 12.4%.
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Consolidated net sales increased 10.6% to $3,104.2 million in Q1 2026, with organic constant currency net sales up 7.9%.
Reported gross margin was 39.4%, up 570 basis points; adjusted gross margin was 40.4%, down 80 basis points.
The company reaffirmed its 2026 full-year outlook: net sales growth of 4% to 5%, organic net sales growth of 2.5% to 3.5%, reported EPS growth of 79% to 89%, and adjusted EPS growth of 30% to 35%.
North America Confectionery net sales rose 8.3% to $2,489.9 million; North America Salty Snacks net sales rose 26.0% to $350.1 million; International net sales rose 16.1% to $264.2 million.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Hershey's President US Andrew Archambault to depart May 1, 2026; search underway.
The company has begun a search for his replacement.
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Andrew Archambault, President, US of The Hershey Company, will leave the company effective May 1, 2026.
The departure was disclosed in a Form 8-K filed on April 14, 2026.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
Hershey reaffirms 2026 outlook, unveils strategy to lead next generation snacking
The Hershey Company reaffirmed its 2026 full-year guidance for net sales growth of 4% to 5%, organic net sales growth of 2.5% to 3.5%, reported EPS growth of 79% to 89%, and adjusted EPS growth of 30% to 35%.
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The 2026 net sales growth guidance includes an approximate 150 basis point benefit from the 2025 acquisition of LesserEvil, LLC.
At the 2026 Investor Day, leadership outlined strategic priorities including a next generation portfolio, One Hershey commercial model, modern supply chain, and a path to restore margin and earnings.
The company is hosting its 2026 Investor Day on March 31, 2026, at the New York Stock Exchange, with a live webcast and replay available on its website.
The press release and presentation materials were furnished as exhibits to the 8-K and are not deemed filed for SEC purposes.
2.02 Results of Operations and Financial Condition · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
Hershey reports Q4 and full-year 2025 results; provides 2026 outlook.
Q4 2025 consolidated net sales were $3,091.0 million, up 7.0% year-over-year; reported net income was $320.0 million ($1.57 per diluted share), down 59.9%; adjusted EPS was $1.71, down 36.4%.
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Full-year 2025 consolidated net sales were $11,692.6 million, up 4.4%; reported net income was $883.3 million ($4.34 per diluted share), down 60.3%; adjusted EPS was $6.31, down 32.7%.
For 2026, the company expects reported net sales growth of 4% to 5%, reported EPS of $7.77 to $8.19, and adjusted EPS of $8.20 to $8.52.
Q4 2025 reported gross margin decreased 17.0 percentage points to 37.0%; adjusted gross margin decreased 650 basis points to 38.3%.
North America Salty Snacks segment net sales increased 28.0% in Q4, driven by the LesserEvil acquisition and strong organic volume growth.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits