Hershey Q3 Net Sales $3.28B (+3.0%); Net Income $580.8M (+111.8%)
The Hershey Company announced its third-quarter 2026 financial results, reporting a 3.0% increase in consolidated net sales to $3,275.5 million and a significant 111.8% rise in net income to $580.8 million, or $2.88 per share-diluted. Adjusted earnings per share-diluted also saw a substantial increase of 103.1% to $2.64. The company updated its full-year 2026 financial outlook, projecting net sales growth of approximately 5% and adjusted earnings per share growth between 36% and 38.5%. The results were driven by strong performance in North America Salty Snacks, partly due to the LesserEvil acquisition, while North America Confectionery showed modest growth and the International segment experienced a sales decline.
Key Highlights
- Hershey reported Q3 2026 consolidated net sales of $3,275.5 million, up 3.0% YoY.
- Reported net income increased 111.8% to $580.8 million, or $2.88 per share-diluted.
- Adjusted earnings per share-diluted rose 103.1% to $2.64.
- Full-year 2026 outlook updated: net sales growth ~5%, adjusted EPS growth 36% to 38.5%.
- North America Confectionery net sales increased 1.6% to $2,656.5 million.
- North America Salty Snacks net sales increased 22.3% to $392.7 million, boosted by LesserEvil acquisition.
- International segment net sales decreased 7.5% to $226.4 million.
Price Impact
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