Quarterly ResultApr 30, 2026, 06:52 AM
HSY Q1 Net Sales +10.6% to $3.1B; EPS $2.13; Reaffirms 2026 Outlook
AI Summary
The Hershey Company reported strong first-quarter 2026 financial results, with consolidated net sales increasing 10.6% to $3.1 billion and reported net income surging 93.6% to $435.1 million. Adjusted diluted EPS grew 12.4% to $2.35. The company reaffirmed its full-year 2026 sales and earnings outlook, driven by strong performance in its core brands and strategic investments.
Key Highlights
- Consolidated net sales increased 10.6% to $3,104.2 million in Q1 2026.
- Reported net income rose 93.6% to $435.1 million, with diluted EPS of $2.13.
- Adjusted diluted EPS increased 12.4% to $2.35.
- The company reaffirmed its 2026 full-year sales and earnings outlook.
- North America Confectionery net sales grew 8.3% to $2,489.9 million.
- North America Salty Snacks net sales increased 26.0% to $350.1 million.
- International segment net sales rose 16.1% to $264.2 million.
- Reported gross margin was 39.4%, an increase of 570 basis points.