HERSHEY CO Q2 FY26 Results

Summary

The Hershey Company reported strong second-quarter 2026 financial results, with consolidated net sales increasing 6.6% to $2,787.3 million and reported net income surging 629.0% to $457.7 million. Adjusted earnings per share-diluted also saw a substantial rise of 57.0% to $1.90. For the first half of the year, consolidated net sales grew 8.7% to $5,891.5 million. The company is narrowing its full-year 2026 outlook, projecting net sales growth between 4.5% and 5% and adjusted earnings per share growth between 32.5% and 35%. Management expressed confidence in their growth plans and ability to navigate dynamic markets.

Key Highlights

1. 1

   Consolidated net sales for the second quarter of 2026 reached $2,787.3 million, an increase of 6.6% year-over-year.

2. 2

   Organic, constant currency net sales increased by 3.6% in Q2 2026, driven by net price realization of approximately 12 points.

3. 3

   Reported net income for the second quarter of 2026 was $457.7 million, a significant increase of 629.0% compared to the prior year period.

4. 4

   Adjusted earnings per share-diluted for Q2 2026 were $1.90, marking a 57.0% increase year-over-year.

5. 5

   For the first six months of 2026, consolidated net sales increased by 8.7% to $5,891.5 million.

6. 6

   The company is narrowing its 2026 full-year outlook for net sales growth to 4.5% to 5% and adjusted earnings per share growth to 32.5% to 35%.

7. 7

   Reported gross margin in Q2 2026 was 45.3%, an increase of 1,480 basis points compared to the prior year period.