Hershey Q4 revenue up 7% to $3.09B; EPS plunges 59.9%; FY2026 adj EPS guide $8.20-$8.52

HERSHEY CO

Q4 net sales $3,091M (+7.0%); organic constant currency +5.7%; reported EPS $1.57 (-59.9%); adj EPS $1.71 (-36.4%).
Full-year net sales $11,692.6M (+4.4%); reported EPS $4.34 (-60.3%); adj EPS $6.31 (-32.7%).
North America Confectionery segment income -10.7%; Salty Snacks income +38.1% on LesserEvil acquisition.
FY2026 outlook: net sales +4-5%; reported EPS $7.77-$8.19; adj EPS $8.20-$8.52 (+30-35% vs 2025).
Adjusted gross margin down 650 bps to 38.3% on higher commodity costs and tariff headwinds.

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