{"schema_version":"secwatch.filing_event.v1","accession":"0000047111-23-000055","form_type":"8-K","ticker":"HSY","cik":"0000047111","company_name":"HERSHEY CO","filed_at":"2023-07-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.362651+00:00","generated_at":"2026-06-13T01:10:10.150860+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hershey Q2 net sales up 5.0%, adjusted EPS $2.01; raises 2023 adj. EPS guidance","bullets":["Q2 net sales $2,490M (+5.0% YoY); organic constant currency +5.0% on price realization.","Reported net income $407M ($1.98 EPS), +29.4%; adjusted EPS $2.01, +11.7% YoY.","Updated FY2023 outlook: net sales growth ~8%, adj. EPS growth raised to 11-12% (from ~11%), reported EPS growth lowered to 13-15% (from ~15%).","NA Confectionery segment net sales +4.4% to $1,993M; NA Salty Snacks +6.3% to $272M; International +8.5% to $225M.","Dividend increased 15% as part of earnings release; gross margin expanded 340 bps reported (130 bps adjusted)."],"urls":{"canonical":"https://secwatch.observer/filing/0000047111-23-000055","json":"https://secwatch.observer/filing/0000047111-23-000055.json","markdown":"https://secwatch.observer/filing/0000047111-23-000055.md","text":"https://secwatch.observer/filing/0000047111-23-000055.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/47111/000004711123000055/0000047111-23-000055-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47111/000004711123000055/hsy-20230727.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T01:10:10.150860+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2a142d7562368e73b19e28ede07959baa0096ed6","claim":"HERSHEY CO reported second quarter ended July 2, 2023 results: revenue $2,490.3 million, net income $407.0 million, EPS $1.98 per share-diluted. Guidance raised.","evidence_excerpt":"Consolidated net sales of $2,490.3 million, an increase of 5.0%. • Organic, constant currency net sales increased 5.0%. • Reported net income of $407.0 million, or $1.98 per share-diluted, an increase of 29.4%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/47111/000004711123000055/0000047111-23-000055-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended July 2, 2023"},{"label":"Revenue","value":"$2,490.3 million"},{"label":"Net income","value":"$407.0 million"},{"label":"EPS","value":"$1.98 per share-diluted"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}