---
schema_version: "secwatch.filing_event.v1"
accession: "0000047111-22-000049"
form_type: "8-K"
ticker: "HSY"
cik: "0000047111"
company_name: "HERSHEY CO"
filed_at: "2022-11-04T23:59:59+00:00"
generated_at: "2026-06-22T07:20:46.991360+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hershey Q3 net sales +15.6% to $2.73B; raises FY2022 sales and EPS outlook

## Summary
- Reported net income $399.5M ($1.94 diluted EPS); adjusted EPS $2.17, +3.3% YoY.
- Organic constant-currency net sales +11.8%; North America Confectionery +10.4%.
- Raised FY2022 net sales growth guidance to 14-15% (prior 12-14%) and adjusted EPS to $8.20-$8.27 (prior $8.14-$8.27).
- North America Salty Snacks net sales +86.9%, driven by Dot's/Pretzels acquisitions (65.5-pt benefit) and organic +21.4%.
- Segment margins: Confectionery 31.6% (-80bp), Salty Snacks 16.2% (-390bp); International margin +590bp to 16.3%.

## SEC filing metadata
- accession: 0000047111-22-000049
- form_type: 8-K
- ticker: HSY
- cik: 0000047111
- company_name: HERSHEY CO
- filed_at: 2022-11-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/47111/000004711122000049/0000047111-22-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47111/000004711122000049/hsy-20221104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000047111-22-000049
- JSON: https://secwatch.observer/filing/0000047111-22-000049.json
- Plain text: https://secwatch.observer/filing/0000047111-22-000049.txt

## Key facts
- Earnings Releases
  HERSHEY CO reported third quarter ended October 2, 2022 results: revenue $2,728.2 million, net income $399.5 million, EPS $1.94 earnings per share-diluted. Guidance raised.
  - Period: third quarter ended October 2, 2022
  - Revenue: $2,728.2 million
  - Net income: $399.5 million
  - EPS: $1.94 earnings per share-diluted
  - Guidance: raised
  - Result: reported results
  source text: visibility into the fourth quarter, we are raising our net sales and earnings outlook for the year.” Third-Quarter 2022 Financial Results Summary 1 • Consolidated net sales of $2,728.2 million, an increase of 15.6%. • Organic, constant currency net sales increased 11.8%. • The impact of acquisitions on net sales was a 4.1-point benefit 2 while foreign currency exchange
  evidence_url: https://www.sec.gov/Archives/edgar/data/47111/000004711122000049/0000047111-22-000049-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.