AI English summary of an SEC filing — figures as filed
The Hershey Company HSYThe company said net sales for Q2 2026 rose to $2,787.3 million from $2,614.7 million a year earlier, an increase of 6.6%. Price realization contributed about 12% and the LesserEvil acquisition about 3%, while volume fell about 8%.
Key points
AI summaryThe company said net sales for Q2 2026 rose to $2,787.3 million from $2,614.7 million a year earlier, an increase of 6.6%. Price realization contributed about 12% and the LesserEvil acquisition about 3%, while volume fell about 8%.
Hershey said gross margin for Q2 2026 was 45.3%, compared with 30.5% a year earlier, an increase of 1,490 basis points. It said operating profit rose to $642.6 million from $192.8 million. Cost of sales included $117.4 million of favorable mark-to-market activity.
The company said net income for Q2 2026 was $457.7 million and diluted earnings per share were $2.26, up from $62.7 million and $0.31, respectively, a year earlier. The effective tax rate was 22.2%, lower than 57.9% a year earlier.
The company said that in the first 6 months of 2026 it generated $888.1 million of cash from operating activities, up $379.2 million from $508.9 million a year earlier. As of June 28, 2026, cash and cash equivalents were $791.2 million, and short-term and long-term debt totaled $5.6 billion.
Key figures
Quarter ended June 28, 2026
- Revenue
- $2.8B
- Operating income
- $643M
- Net income
- $458M
- Gross profit
- $1.3B
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis 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.
Q2 2026 Net Sales $2,787.3 million, Price Realization and Volume Decline
The company said net sales for Q2 2026 rose to $2,787.3 million from $2,614.7 million a year earlier, an increase of 6.6%. Price realization contributed about 12% and the LesserEvil acquisition about 3%, while volume fell about 8%.
Source · Based on the MD&A text of the filing
Q2 Gross Margin 45.3%, Operating Profit $642.6 million
Hershey said gross margin for Q2 2026 was 45.3%, compared with 30.5% a year earlier, an increase of 1,490 basis points. It said operating profit rose to $642.6 million from $192.8 million. Cost of sales included $117.4 million of favorable mark-to-market activity.
Source · Based on the MD&A text of the filing
Q2 Net Income $457.7 million, Diluted EPS $2.26
The company said net income for Q2 2026 was $457.7 million and diluted earnings per share were $2.26, up from $62.7 million and $0.31, respectively, a year earlier. The effective tax rate was 22.2%, lower than 57.9% a year earlier.
Source · Based on the MD&A text of the filing
6-Month Operating Cash Flow $888.1 million, Cash and Debt Balances
The company said that in the first 6 months of 2026 it generated $888.1 million of cash from operating activities, up $379.2 million from $508.9 million a year earlier. As of June 28, 2026, cash and cash equivalents were $791.2 million, and short-term and long-term debt totaled $5.6 billion.
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
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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