The Hershey Company said net sales in Q2 2025 were $2,614.7 million, an increase of 26.0% from $2,074.5 million in the same period of the prior year. The company cited a volume increase of approximately 21% and price realization of approximately 5%, and said foreign currency exchange rates resulted in an impact of less than 1%.

10-QQuarterly reportFiled Jul 30, 2025Period of report Jun 29, 2025Summary published (UTC) Oct 11, 2026

Key points

AI summary

The Hershey Company said net sales in Q2 2025 were $2,614.7 million, an increase of 26.0% from $2,074.5 million in the same period of the prior year. The company cited a volume increase of approximately 21% and price realization of approximately 5%, and said foreign currency exchange rates resulted in an impact of less than 1%.
The Hershey Company said gross margin for Q2 was 30.5%, down 970 basis points from 40.2% in the same period of the prior year. The company cited unfavorable commodity costs and higher supply chain costs as factors in the decrease.
The Hershey Company said net income for Q2 2025 was $62.7 million, down 65.3% from $180.9 million in the same period of the prior year, and diluted EPS was $0.31 compared with $0.89 in the prior year. The effective income tax rate for Q2 was 57.9% compared with 26.4% in the prior year.
The Hershey Company said operating cash flow for the 6 months ended 2025 was $508.9 million, down $385.8 million from $894.7 million in the same period of the prior year. Capital expenditures for the same period were $230.6 million.

Key figures

Quarter ended June 29, 2025

Revenue: $2.6B
Operating income: $193M
Net income: $63M
Gross profit: $796M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Net Sales for Q2 $2,614.7 million, Up 26.0%

The Hershey Company said net sales in Q2 2025 were $2,614.7 million, an increase of 26.0% from $2,074.5 million in the same period of the prior year. The company cited a volume increase of approximately 21% and price realization of approximately 5%, and said foreign currency exchange rates resulted in an impact of less than 1%.

Source · Based on the MD&A text of the filing

Gross Margin for Q2 30.5%, Prior Year 40.2%

The Hershey Company said gross margin for Q2 was 30.5%, down 970 basis points from 40.2% in the same period of the prior year. The company cited unfavorable commodity costs and higher supply chain costs as factors in the decrease.

Source · Based on the MD&A text of the filing

Net Income for Q2 $62.7 million, EPS $0.31

The Hershey Company said net income for Q2 2025 was $62.7 million, down 65.3% from $180.9 million in the same period of the prior year, and diluted EPS was $0.31 compared with $0.89 in the prior year. The effective income tax rate for Q2 was 57.9% compared with 26.4% in the prior year.

Source · Based on the MD&A text of the filing

Operating Cash Flow for 6 Months $508.9 million

The Hershey Company said operating cash flow for the 6 months ended 2025 was $508.9 million, down $385.8 million from $894.7 million in the same period of the prior year. Capital expenditures for the same period were $230.6 million.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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