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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.43Last Year’s EPS
1.21Same Quarter Last Year
Moderate Buy
Based on 18 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid underlying strength: strong branded growth (Hershey and Reese's), resilient confection demand, favorable elasticities, a clear margin inflection starting in Q2, and numerous product and seasonal initiatives that support H2 momentum. Near-term headwinds are largely timing-related (Q2 organic dip), some discrete snacks execution costs, competitive intensity in CMG, and macro uncertainties (SNAP, GLP-1, potential commodity or oil-driven cost pressure). Management maintained full-year guidance and emphasized that most negatives are manageable or temporary while positives are broad-based.Company Guidance
Strong Easter Sell-Through and Confection Resilience
Easter sell-through exceeded expectations; overall confection category grew in the high single-digits year-over-year and Hershey exited spring resets in a net positive position across items and key channels.
Branded Growth Momentum (Hershey & Reese's)
Nonseasonal growth for core brands was notable: Hershey brand nonseasonal grew ~11% and Reese's nonseasonal grew ~10%, supported by tentpole events (e.g., March Madness) and marketing.
Snacks Performance and Salty Core Strength
Snacks segment grew ~5% in the quarter; core salty brands were up nearly 10%, with Dots, SkinnyPop and LesserEvil driving exceptional growth and operating income for salty expected to increase by double-digits.
Margin Inflection Expected Starting in Q2
Management expects gross margin to increase by nearly 300 basis points year-over-year in Q2 with further acceleration in the back half of the year, driven by lapping higher input costs and productivity actions.
Favorable Price Elasticities and Stable Consumer Behavior
Price elasticities have run better-than-modeled so far, and consumer behavior through Q1 tracked within company assumptions (GLP-1 and SNAP impacts described as mild to manageable), giving confidence in the full-year outlook.
Product & Portfolio Innovation Pipeline
New innovation plans include an elevated Hershey premium product in H2, ongoing Brookside/Cadbury work, smores product activations, and continued investment in sweets, premium and 'better-for-you' R&D; innovation contribution is mid-to-high single-digit percent of sales.
International Expansion Progress (Reese's)
Reese's growth in the U.K. and other European markets continues; the company is scaling via imports and local manufacturing where appropriate and is expanding into markets like Brazil and Mexico.
Tentpoles and Seasonal Execution to Drive H2
Management expects tentpole activations (including Americana/Hershey movie and 4th of July programming) to add ~1 full point of growth for the year, supported by shelf resets, increased facings, and perimeter merchandising.
HSY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
HSY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $187.72 | $184.32 | -1.81% |
Feb 05, 2026 | $202.89 | $221.22 | +9.03% |
Oct 30, 2025 | $171.49 | $167.46 | -2.35% |
Jul 30, 2025 | $180.81 | $183.34 | +1.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does The Hershey Company (HSY) report earnings?
The Hershey Company (HSY) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is The Hershey Company (HSY) earnings time?
The Hershey Company (HSY) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HSY EPS forecast?
HSY EPS forecast for the fiscal quarter 2026 (Q2) is 1.43.
