HSY
The Hershey Company188.15
+0.04+0.02%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
38.15BP/E (TTM)
28.08Basic EPS (TTM)
6.70Dividend Yield
0.03%Recent Filings
8-K
10-Q
Q3 FY2025 results
Hershey's Q3 net sales climbed 6.5% year-over-year to $3.18B, fueled by 6% price hikes in North America Confectionery and International, though volume dipped slightly amid elasticity pressures; salty snacks surged 10% on strong SkinnyPop and pretzel demand. Gross margin shrank to 32.6% from 41.3%, hammered by soaring cocoa costs and tariffs, yet offset somewhat by productivity gains from the AAA Initiative. Operating profit fell 29.1% to $435M, with diluted EPS dropping 38.2% to $1.36, while YTD figures show 3.4% sales growth to $8.60B but a steeper 49.1% profit decline to $997M and EPS to $2.77. Cash swelled to $1.16B, free cash flow hit $1.03B (derived), buoyed by $1.35B operating cash minus $316M capex, alongside $5.4B debt after $2B issuance; the Sour Strips buyout added minor goodwill. Still, cocoa volatility looms large.
8-K
Hershey Q3 sales rise, EPS drops
The Hershey Company reported third-quarter 2025 net sales of $3,181.4 million, up 6.5% from last year, fueled by 6% net price realization across segments while volumes held steady. Yet adjusted earnings per share fell 44.4% to $1.30, hammered by soaring commodity and tariff costs that slashed gross margins from 41.3% to 32.6%. Sales beat expectations. The company raised its full-year 2025 net sales growth outlook to ~3% and narrowed adjusted EPS decline to 36-37%, despite $160-170 million in tariff expenses.
8-K
Hershey upsizes credit facility
The Hershey Company secured a new $1.875 billion unsecured revolving credit facility on October 21, 2025, replacing its prior $1.35 billion agreement from 2023. This upsized deal, extendable to 2030 with lender consent, supports general corporate needs while imposing a 2.0:1 interest coverage covenant. Flexibility reigns, but defaults could trigger acceleration.
8-K
Hershey board member retires
The Hershey Company announced that board member Juan R. Perez will retire from the Board and its Executive, Governance and Finance and Risk Management Committees, effective October 3, 2025. Perez notified the board on August 21, 2025, stressing no disagreements over operations, policies, or practices. This smooth transition avoids disruptions. No successor named yet.
IPO
Employees
Sector
Industry
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