HSY
The Hershey Company
Price as of Jul 20, 2026
HSY earnings
The Hershey Company earnings
Reported EPS and revenue history, upcoming estimates and available earnings-call summaries.
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $2.04 | $2.35 | +15.2% | $3.1B | +2.5% |
| Feb 5, 2026 | $1.40 | $1.71 | +22.1% | $3.1B | +3.7% |
| Oct 30, 2025 | $1.07 | $1.30 | +21.5% | $3.2B | +2.0% |
| Jul 30, 2025 | $0.99 | $1.21 | +21.9% | $2.6B | +3.6% |
| May 1, 2025 | $1.94 | $2.09 | +7.7% | $2.8B | +0.5% |
| Feb 6, 2025 | $2.40 | $2.69 | +12.1% | $2.9B | +1.7% |
| Nov 7, 2024 | $2.56 | $2.34 | -8.6% | $3.0B | -2.9% |
| Aug 1, 2024 | $1.44 | $1.27 | -11.8% | $2.1B | -9.9% |
| May 3, 2024 | $2.76 | $3.07 | +11.2% | $3.3B | +4.5% |
| Feb 8, 2024 | $1.95 | $2.02 | +3.6% | $2.7B | -2.2% |
| Oct 26, 2023 | $2.45 | $2.60 | +6.1% | $3.0B | +2.5% |
| Jul 27, 2023 | $1.91 | $2.01 | +5.2% | $2.5B | -16.3% |
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- Retail execution: Focus on SKU gains, deploying stand - up bags, measuring on - shelf availability weekly, and optimizing perimeter with tent pole activation around seasons like 4th of July. - Seasonal strategies: Confident in second half seasons with good buys and partnerships, and looking to be more disruptive in seasons. - Innovation: High expectations for elevated Hershey product, innovation across portfolio including Suites, Salty snacks; R&D focused on premium, Suites, better for you; functional snacking is a key growth area with investment in R&D and JV.
Guidance
- Upward/downward revision or maintenance: Still within earlier 2 - 4% organic sales growth target for 27, with elasticities running favorable but being cautious due to macro factors like oil price and need for mid - year visibility; confident in managing controllables like innovation, media ROIs, tent poles, and productivity; cocoa market outlook with cautious long - term view and potential upside in 27 and beyond.
Segment performance
C - Store channel saw mild impact from higher gas prices initially, with frequency up but purchase less; confection business in line with expectation; Suites business has Jelly Rancher performing well, with new items launched and robust pipeline; Reese's and Hershey's brands non - seasonals grew materially; Salty portfolio has some drag from private label but overall positive; Functional snacking is a growing area with high growth potential.
Risks & headwinds
- Macro challenges: Higher gas prices impact on C - Store channel if sustained; oil - related costs indirectly affecting packaging and freight; accelerated health and wellness trends and GLP - 1 adoption could impact confection category but category is insulated; competition and cocoa market volatility.
Analyst Q&A
Q: Please provide more color on sales in C - Store channel and support for it.
A: Mild impact from higher gas prices initially, frequency up but purchase less, channel robust currently, staying focused on retail partners.
Q: Color on costs for packaging and freight.
A: Not seeing big impact, good visibility through 2026 with hedging program.
Q: Merchandising front, pack types and promotions.
A: Deploying stand - up bags, measuring on - shelf availability, activating perimeter with tent poles for occasions like 4th of July.
Q: Expected headline organic sales growth slowdown in second quarter.
A: Slight down due to timing, Easter sell - through strong and international factor.
Q: Spring shelf resets relative to past years.
A: More impactful than recent years, win for portfolio.
Q: Expectations for Hershey premium product.
A: High expectations, product loved in testing.
Q: Suites' performance and expectations.
A: Jelly Rancher performing well, new items launched, robust pipeline.
Q: Macro headwinds on health and wellness and GLP - 1.
A: Confection category insulated, monitored but category is treat - based.
Q: Price elasticity and its impact.
A: Elasticities running favorable, informs view on performance and 2 - 4% target.
Q: Tent poles retail execution and messaging.
A: Worked with customers, brought retail theater, sales force focused on big moments.
Q: Reese's expansion in Europe.
A: Thriving in UK and Europe, plan to scale, working in Brazil and Mexico.
Q: Innovation as percent of sales and focus.
A: High single - digit contribution, focus on premium, Suites, better for you.
Q: Hershey and Reese's brand non - seasonals growth drivers.
A: Hershey campaign during Olympics, Reese's March Madness event.
Q: Cocoa market outlook.
A: Cautious long - term, potential upside in 27 and beyond.
Q: Risks from higher oil - related costs.
A: Small exposure, indirect impact through packaging.
Q: Non - core portfolio drag.
A: Private label drag but Salty portfolio growth from branded products.
Q: Functional snacking business.
A: High growth, investing in R&D, JV with VitaKey.
Q: Margin question on confection.
A: Gross margin and operating margin have deviation due to media investment.
Q: SM&A and marketing expectations.
A: SMA came in light in Q1 but full - year expectation unchanged, SMA ramping in year.
Q: Premium chocolate plan.
A: Focus on accessible premium with brands like Brookside, Cadbury, and new brands for Gen Z.
Earnings history is derived from company filings and calendar data. Call summaries are grouped by reporting period. Latest covered event: 2026-07-30.