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Hershey makes and sells snacks and confections under many well-known brands, such as HERSHEY’S, REESE’S, KIT KAT, JOLLY RANCHER, ICE BREAKERS, and SkinnyPop, earning billions in revenue each year. Its products are created by baking, molding, and packaging chocolate bars, candy, and snack foods so they can be enjoyed by consumers and distributed through retailers around the world. What sets Hershey apart is its large, diverse brand portfolio and its long-standing commitment to responsible business practices and community support, including education initiatives like the Milton Hershey School. The company’s goal is to create more moments of goodness for people by delivering trusted snacks while supporting its people and communities through sustainability and social programs.
Industries
Food & Agriculture
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Derry Township (Dauphin County), Pennsylvania
Founded
1894
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Total Funding
$750M
Above
Industry Average
Funded Over
1 Rounds
Health Insurance
Flexible Work Hours
Hershey has kept its quarterly dividend unchanged at $1.452 per share, translating to a forward yield of approximately 3.16%. The dividend will be paid on 15 September to shareholders of record as of 14 August. The decision comes as the confectionery company navigates increased expenses and evolving customer demand. Hershey recently posted second-quarter revenue of $2.79 billion, missing estimates by $160 million. However, GAAP earnings of $2.11 per share exceeded projections by 74 cents. The results suggest margins may be recovering from pressure caused by high cocoa prices and other input costs. The stable dividend may bolster investor confidence, though future increases will likely depend on continued earnings growth and cost control. Investors await Hershey's next earnings report for further signs of margin recovery.
Hershey reported second-quarter earnings that exceeded Wall Street expectations, with net sales rising 6.6% to $2.79 billion and adjusted earnings of $1.90 per share. Analysts had forecast revenue of $2.63 billion and earnings of $1.42 per share. Price increases of 12% drove the quarter's performance, offsetting an 8% decline in volumes. North America Confectionery sales grew 4.2%, whilst Salty Snacks sales jumped 22.9%. The company raised its full-year outlook, expecting net sales growth of 4.5% to 5.0% and adjusted earnings per share between $8.36 and $8.52. CEO Kirk Tanner noted that US consumer sentiment remains soft, with shoppers being value-oriented and selective. Hershey continues implementing price increases to absorb rising cocoa costs.
Hershey: Q2 earnings snapshot. July 30, 2026, 6:56 AM HERSHEY, Pa. (AP) - HERSHEY, Pa. (AP) - Hershey Co. (HSY) on Thursday reported second-quarter profit of $457.7 million. The Hershey, Pennsylvania-based company said it had net income of $2.26 per share. Earnings, adjusted for non-recurring gains, came to $1.90 per share. The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.45 per share. The chocolate bar and candy maker posted revenue of $2.79 billion in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $2.65 billion. Hershey expects full-year earnings in the range of $8.36 to $8.52 per share. Keep Watching Underground pumping station keeps sewage from Potomac River in Alexandria Underground pumping station keeps sewage from Potomac River in Alexandria This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HSY at https://www.zacks.com/ap/HSY
The Reese's brand is celebrating the one-year anniversary of REESE'S OREO with a campaign featuring Lindsay Lohan, Amy Sedaris, and director Patricia Arquette. The collaboration between The Hershey Company and Mondelēz International combines milk chocolate and white creme peanut butter cups with Oreo cookie crumbs. Since launching, the product has generated over $188 million in retail sales, becoming Reese's top innovation for 2025. The anniversary campaign pays tribute to fans who spent years requesting the pairing online before it officially launched. The product has exceeded expectations by attracting new and younger consumers whilst delivering strong engagement and repeat purchases. REESE'S OREO is now a permanent addition to the Reese's portfolio and has become one of the most successful innovations in the candy category over the past decade.
The Milton Hershey School Trust sold 30,000 shares of The Hershey Company for approximately $5.2 million on 13 and 14 July 2026. The transactions were executed at weighted-average prices ranging from $169.44 to $177.64 per share across multiple tranches. Following the sale, the trust's post-transaction holdings were valued at roughly $215.5 million. Beyond its approximately 1.3 million common shares, the entity holds about 54.6 million Class B common shares, which are convertible into common stock on a share-for-share basis at any time. The Hershey Company, a leading confectionery and salty snack manufacturer, has a market capitalisation of $34.5 billion. The Milton Hershey School Trust wholly owns Hershey Trust Company and serves as trustee for the school trust, managing its significant stake in the company.
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Industries
Food & Agriculture
Consumer Goods
Company Size
10,001+
Company Stage
IPO
Headquarters
Derry Township (Dauphin County), Pennsylvania
Founded
1894
Find jobs on Simplify and start your career today