{"schema_version":"secwatch.filing_event.v1","accession":"0000047111-24-000020","form_type":"8-K","ticker":"HSY","cik":"0000047111","company_name":"HERSHEY CO","filed_at":"2024-05-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.629637+00:00","generated_at":"2026-06-02T23:27:03.021968+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Hershey Q1 net sales up 8.9% to $3.25B; adjusted EPS $3.07 vs $2.96 YoY","bullets":["Reported net income $797.5M ($3.89 diluted EPS) up 36.5% YoY; adjusted EPS $3.07 up 3.7%.","Organic constant currency net sales +8.6% driven by price (+5.2%) and volume/mix (+3.4%).","Adjusted gross margin 44.9% down 170bps; adjusted operating margin 26.5% down 130bps on commodity costs.","North America Confectionery sales +10.4% lifted by ERP pull-forward shipments expected to reverse in Q2.","Reaffirms FY2024 guidance: net sales growth 2-3%, adjusted EPS ~$9.59 (flat)."],"urls":{"canonical":"https://secwatch.observer/filing/0000047111-24-000020","json":"https://secwatch.observer/filing/0000047111-24-000020.json","markdown":"https://secwatch.observer/filing/0000047111-24-000020.md","text":"https://secwatch.observer/filing/0000047111-24-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/47111/000004711124000020/0000047111-24-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/47111/000004711124000020/hsy-20240503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:27:03.021968+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":"3a27eea36ee5c413b4dcded04f33f809ec75c90d","claim":"HERSHEY CO reported the first quarter ended March 31, 2024 results: revenue $3,252.7 million, net income $797.5 million, EPS $3.89 per share-diluted. Guidance reaffirmed.","evidence_excerpt":"we remain committed to strategies that drive long-term growth and sustainable value creation.” First-Quarter 2024 Financial Results Summary 1 • Consolidated net sales of $3,252.7 million, an increase of 8.9%. • Organic, constant currency net sales increased 8.6%. • Reported net income of $797.5 million, or $3.89 per share-diluted, an increase of 36.5%. • Adjusted","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/47111/000004711124000020/0000047111-24-000020-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$3,252.7 million"},{"label":"Net income","value":"$797.5 million"},{"label":"EPS","value":"$3.89 per share-diluted"},{"label":"Guidance","value":"reaffirmed"},{"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"}