Hershey Reports Strong Q2 Adjusted Earnings, Raises Full-Year Sales & EPS Outlook
HSY is trading near its 52-week low of $161.43 (14% above the low).
Summary
The Hershey Company reported strong second-quarter adjusted earnings and sales, exceeding expectations and leading to a raised full-year outlook for both sales and adjusted earnings per share. This indicates solid operational performance and increased confidence in future growth.
Key Events · Earnings and Guidance · HSY
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Strong Q2 Adjusted EPS Growth
Adjusted diluted earnings per share increased 57.0% to $1.90 in the second quarter of 2026, significantly exceeding prior year results.
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Raised Full-Year Outlook
The company narrowed and raised its full-year adjusted EPS growth outlook to 32.5% to 35% (from 30% to 35%) and net sales growth outlook to 4.5% to 5% (from 4% to 5%).
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Robust Sales Growth
Consolidated net sales increased 6.6% to $2,787.3 million, with organic constant currency net sales up 3.6% for the quarter.
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Significant Margin Expansion
Adjusted gross margin increased 350 basis points to 41.6%, and adjusted operating profit margin increased 450 basis points to 20.2%.
Analysis · HSY · Manufacturing
The Hershey Company delivered strong second-quarter results, significantly beating adjusted earnings expectations and demonstrating robust operational performance. The decision to narrow and raise the full-year sales and adjusted EPS guidance reflects increased confidence in sustained growth and profitability, despite some volume declines in certain segments. This positive update builds on the strong Q1 performance and suggests continued momentum.
At the time of this filing, HSY was trading at $183.91 on NYSE in the Manufacturing sector, with a market capitalization of approximately $37.3B. The 52-week trading range was $161.43 to $239.48. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.