---
schema_version: "secwatch.filing_event.v1"
accession: "0000047111-25-000109"
form_type: "8-K"
ticker: "HSY"
cik: "0000047111"
company_name: "HERSHEY CO"
filed_at: "2025-07-30T23:59:59+00:00"
generated_at: "2026-05-17T23:17:33.756683+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Hershey Q2 sales up 26% to $2.61B but adjusted EPS down 4.7% to $1.21; cuts FY2025 adj. EPS guidance

## Summary
- Consolidated net sales $2,614.7M (+26.0%); organic constant currency +26.3% driven by ERP inventory lap and Easter timing.
- Reported EPS $0.31 (-65.2%); adjusted EPS $1.21 (-4.7%) as higher commodity/manufacturing costs and derivative losses offset gains.
- FY2025 adjusted EPS growth outlook cut to down 36%-38% from down mid-30%; expects ~$170-180M tariff expense.
- NA Confectionery net sales +32% to $2.09B; segment income +8.5%, margin down 520 bps to 24.2%.
- Salty Snacks net sales +8.8% to $315.5M; segment income +27.4%, margin up 310 bps to 21.1%.

## SEC filing metadata
- accession: 0000047111-25-000109
- form_type: 8-K
- ticker: HSY
- cik: 0000047111
- company_name: HERSHEY CO
- filed_at: 2025-07-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/47111/000004711125000109/0000047111-25-000109-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47111/000004711125000109/hsy-20250730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000047111-25-000109
- JSON: https://secwatch.observer/filing/0000047111-25-000109.json
- Plain text: https://secwatch.observer/filing/0000047111-25-000109.txt

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