The company said gross margin for Q3 2025 was 32.6%, down 870 basis points from 41.3% in the same period of the prior year, citing unfavorable commodity and tariff costs and unfavorable mix as factors. Gross margin for the 9 months was 32.3%, down 1,270 basis points from 45.0%.

1. 01

   The company said gross margin for Q3 2025 was 32.6%, down 870 basis points from 41.3% in the same period of the prior year, citing unfavorable commodity and tariff costs and unfavorable mix as factors. Gross margin for the 9 months was 32.3%, down 1,270 basis points from 45.0%.

2. 02

   The company said net sales for Q3 2025 were $3,181.4 million, up 6.5% from $2,987.5 million in the same period of the prior year, with price realization of approximately 6%. Operating profit was $434.6 million, down 29.1%, net income was $276.3 million, down 38.1%, and diluted EPS was $1.36.

3. 03

   The company said North America Confectionery net sales for Q3 were $2,615.6 million, up 5.6%, but segment income was $571.5 million, down 21.2%. North America Salty Snacks had net sales of $321.0 million and segment income of $57.7 million, while International recorded a loss of $13.6 million.

4. 04

   The company said operating cash flow for the first 9 months of 2025 was $1,350.8 million, down $239.2 million from $1,590.0 million in the same period of the prior year. As of September 28, 2025, cash and cash equivalents were $1.2 billion, short- and long-term debt was $5.4 billion, of which $502.3 million was the current portion of long-term debt.

Key figures

Quarter ended September 28, 2025

Revenue

$3.2B

Operating income

$435M

Net income

$276M

Gross profit

$1.0B

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.

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

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.