Hershey Reports Decline in Q1 2025 Earnings

The Hershey Company ( (HSY) ) has released its Q1 earnings. Here is a breakdown of the information The Hershey Company presented to its investors.

The Hershey Company, a leading player in the confectionery and snack industry, is renowned for its iconic chocolate products and expanding portfolio of better-for-you snacks.

In its first-quarter 2025 financial results, Hershey reported a significant decrease in net sales and earnings, attributed to various strategic and market factors. Despite these challenges, the company remains committed to its strategic initiatives and acquisitions aimed at long-term growth.

Key financial highlights include a 13.8% decline in consolidated net sales to $2,805.4 million and a 71.7% drop in reported net income to $224.2 million. The company’s adjusted earnings per share fell by 31.9% to $2.09. Hershey’s North America Confectionery segment experienced a 15.0% decrease in net sales, while the North America Salty Snacks segment saw a modest 1.0% increase. International sales also declined by 15.9%, impacted by volume and currency headwinds.

Looking ahead, Hershey maintains its full-year financial outlook, anticipating at least 2% net sales growth despite ongoing tariff negotiations and market uncertainties. The company is focused on leveraging its strong balance sheet to invest in strategic acquisitions and initiatives that drive long-term value creation.