Hershey Q2 Sales Hit $2.79B, Raises Guidance, Adds $500M Buyback
HSY is trading near its 52-week low of $161.43 (9.6% above the low).
Summary
Hershey delivered a strong Q2 with sales of $2.79B, up 6.6%, and adjusted EPS of $1.90, beating expectations. Gross margins expanded to 45.3%, reflecting lower commodity costs. Management raised full-year sales growth guidance to 4.5–5.0% and adjusted EPS to $8.36–$8.52, signaling confidence in sustained momentum. The board authorized a $500M buyback, adding to shareholder returns. This follows the initial 2026 guidance issued last week and the Q2 earnings filing that showed a dramatic profit recovery. The Reese's Oreo Cup anniversary campaign is a minor positive but not a material driver.
At the time of this announcement, HSY was trading at $177.00 on NYSE in the Trade & Services sector, with a market capitalization of approximately $35.5B. The 52-week trading range was $161.43 to $239.48. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Wiseek News.