Quarterly ResultJul 30, 2026, 10:41 AM
Hershey Q2 Net Income +630% to $457.7M; EPS $2.26
AI Summary
Hershey reported strong financial results for the second quarter of 2026, with net income surging 630% to $457.7 million and diluted EPS increasing 629% to $2.26. Net sales grew 6.6% to $2.79 billion. The company also finalized the purchase price allocation for its LesserEvil acquisition and repurchased $439.4 million in common stock during the first six months of the year.
Key Highlights
- Q2 2026 Net Income was $457.7 million, a 630% increase year-over-year.
- Q2 2026 Diluted EPS (Common Stock) was $2.26, a 629% increase year-over-year.
- Q2 2026 Net Sales reached $2.79 billion, up 6.6% from prior year.
- Net cash provided by operating activities for six months was $888.1 million.
- Repurchased $439.4 million of common stock in the first six months of 2026.
- Finalized purchase price allocation for LesserEvil, LLC acquisition in Q2 2026.
- Short-term debt increased to $421.5 million as of June 28, 2026.
Price Impact
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