Form 8-K · Current report

The Hershey Company 8-K, filed Jul 30, 2026

Filed
CIK
0000047111
Accession no.
0001628280-26-050769
AI-generated summary

Summary

The Hershey Company reported second-quarter 2026 net sales of $2,787.3 million, up 6.6% year over year, with reported net income of $457.7 million, or $2.26 per diluted share, and adjusted earnings per diluted share of $1.90, up 57%. Hershey narrowed its full-year 2026 outlook, raising the low end of its net sales growth guidance to 4.5%-5% and its adjusted earnings per share growth guidance to 32.5%-35%, with CEO Kirk Tanner citing a strong first half and increased investment behind brands, merchandising and innovation.

Key points

  • Organic, constant-currency net sales rose 3.6%, driven by about 12 points of net price realization against roughly an 8-point volume decline.
  • Reported gross margin was 45.3% versus 30.5% a year earlier; adjusted gross margin was 41.6%, up 350 basis points.
  • The acquisition of LesserEvil contributed 2.7 points of net sales growth in the quarter.
  • The 2026 full-year outlook does not include potential future tariff rebates.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

Items reported

  • 2.02Results of Operations and Financial Condition
  • 9.01Financial Statements and Exhibits

From the filing

Item 2.02. Results of Operations and Financial Condition. On July 30, 2026, The Hershey Company (the “Company”) announced sales and earnings information for the second quarter ended June 28, 2026. A copy of the Company’s press release is furnished hereto as Exhibit 99.1 and is incorporated herein by reference. The information in Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as…

An excerpt of the text as filed with the SEC, cut for length.

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