AI English summary of an SEC filing — figures as filed
The Hershey Company HSYHershey said net sales for Q3 2026 were $3,275.5 million, up 3.0% from $3,181.4 million a year earlier. The company attributed the growth to price realization of about 11% and the LesserEvil acquisition, which contributed about 2%. It said sales volume fell about 10%.
Key points
AI summaryHershey said net sales for Q3 2026 were $3,275.5 million, up 3.0% from $3,181.4 million a year earlier. The company attributed the growth to price realization of about 11% and the LesserEvil acquisition, which contributed about 2%. It said sales volume fell about 10%.
The Hershey Company said gross margin for Q3 2026 was 46.1%, compared with 32.6% a year earlier, an increase of 1,350 basis points. The company cited net price realization, derivative mark-to-market activity, tariff refunds and net savings from the AAA Initiative as factors, and said that volume declines and higher freight and logistics costs partially offset them.
Hershey said net income for Q3 2026 was $580.8 million, up 110.2% from $276.3 million a year earlier, and diluted earnings per share were $2.88, compared with $1.36 a year earlier. The company attributed the increase mainly to higher gross profit, and said higher SM&A expenses and higher income taxes partially offset it.
Hershey said operating activities generated $1,638.8 million in cash in the first 9 months of 2026, up $288.0 million from $1,350.8 million a year earlier. As of September 27, 2026, cash and cash equivalents were $676.7 million, down $249.2 million from the end of 2025.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q3 Net Sales $3,275.5 million
Hershey said net sales for Q3 2026 were $3,275.5 million, up 3.0% from $3,181.4 million a year earlier. The company attributed the growth to price realization of about 11% and the LesserEvil acquisition, which contributed about 2%. It said sales volume fell about 10%.
Source · Based on the MD&A text of the filing
Q3 Gross Margin 46.1%
The Hershey Company said gross margin for Q3 2026 was 46.1%, compared with 32.6% a year earlier, an increase of 1,350 basis points. The company cited net price realization, derivative mark-to-market activity, tariff refunds and net savings from the AAA Initiative as factors, and said that volume declines and higher freight and logistics costs partially offset them.
Source · Based on the MD&A text of the filing
Q3 Net Income $580.8 million
Hershey said net income for Q3 2026 was $580.8 million, up 110.2% from $276.3 million a year earlier, and diluted earnings per share were $2.88, compared with $1.36 a year earlier. The company attributed the increase mainly to higher gross profit, and said higher SM&A expenses and higher income taxes partially offset it.
Source · Based on the MD&A text of the filing
9-Month Operating Cash Flow $1,638.8 million
Hershey said operating activities generated $1,638.8 million in cash in the first 9 months of 2026, up $288.0 million from $1,350.8 million a year earlier. As of September 27, 2026, cash and cash equivalents were $676.7 million, down $249.2 million from the end of 2025.
Source · Based on the MD&A text of the filing
Structured SEC financial data for this filing is not available yet. Please check the figures in the SEC 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.
Loading the filing text…