Hershey reports Q2 EPS $1.21, consensus $1.00

Reports Q2 revenue $2.61B, consensus $2.52B. “We are pleased with our second-quarter results and the momentum we are seeing in our business,” said Michele Buck, Hershey (HSY) president and CEO. “Investments in our brands and impactful innovation, coupled with effective execution, are driving solid sales and share gains across both our U.S. confection and salty snacking business. Looking ahead, we remain committed to delivering balanced growth and have taken pivotal steps toward mitigating cocoa inflation through strategic pricing, enhanced productivity, and technology enabled efficiency and speed.”