Form 10-Q · Quarterly report
The Hershey Company 10-Q, filed Jul 30, 2026
- Filed
- CIK
- 0000047111
- Accession no.
- 0001628280-26-050900
Summary
The Hershey Company reported second-quarter 2026 net sales of $2.79 billion, up 6.6% year over year, and net income of $457.7 million, or $2.26 per diluted share, driven by pricing actions and the LesserEvil acquisition despite an 8% volume decline. Hershey said higher supply-chain costs, tariffs and Middle East geopolitical uncertainty remain risks, while cocoa prices improved during the first half of 2026.
Key points
- Q2 2026 net sales were $2.787 billion, up 6.6%; net income was $457.7 million, or $2.26 per diluted share, versus $62.7 million, or $0.31, a year earlier.
- Net sales growth reflected about 12% favorable price realization and a roughly 3% benefit from the LesserEvil acquisition, partly offset by an approximately 8% volume decline.
- U.S. candy, mint and gum consumer takeaway fell 8.6%, while salty takeaway excluding LesserEvil rose 6.5%; total U.S. retail takeaway fell 5.4%.
- Hershey completed the acquisition of LesserEvil, LLC on November 18, 2025; LesserEvil produces organic popcorn and puffed snacks in the U.S. and Canada.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
Item 2. MANAGEMENT’S DISCUSSION OVERVIEW Hershey is a global confectionery leader known for making more moments of goodness through chocolate, sweets, mints and other great tasting snacks. We are the largest producer of quality chocolate in North America, a leading snack maker in the United States (“U.S.”) and a global leader in chocolate and non-chocolate confectionery. We market, sell and distribute our products under more than 85 brand names in approximately 65 countries worldwide. Our principal product offerings include chocolate and non-chocolate confectionery products; gum and mint refreshment products and protein bars; pantry items, such as baking ingredients, toppings and beverages; …
An excerpt of the text as filed with the SEC, cut for length.
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