earnings
confidence high
sentiment positive
materiality 0.70
Hershey Q1 net sales up 10.6% to $3.1B; adjusted EPS +12.4% to $2.35; reaffirms FY2026 outlook
HERSHEY CO
- Consolidated net sales $3.1B, +10.6% YoY; organic constant currency +7.9% on 10% price realization.
- Reported net income $435.1M ($2.13 diluted EPS) +93.6%; adjusted EPS $2.35 +12.4%.
- NA Confectionery sales +8.3% (organic +8.0%); segment margin 31.8% (+150bps). NA Salty Snacks sales +26% but segment income -18.1%.
- International sales +16.1% (organic +9.3%); segment margin 5.8% (-680bps) on higher commodity costs and ad spend.
- FY2026 guidance reaffirmed: net sales growth 4-5%, adjusted EPS growth 30-35%.