Hershey Co

Company facts

Industry

Sugar & Confectionery Products

Headquarters

Hershey, Pennsylvania

Most recent report

8-K, filed Sep 2, 2026

Incorporated

Delaware

Filings on record

1,001+ filings

On EDGAR

CIK 47111

Fiscal year ends

December

Filer status

Large accelerated filer

What to read: Jun 2026 10-Q

SECSift found 2 of 13 sections worth reading, with 1 positive, 3 notable, and 3 negative flags.

• Financial Statements (Item 1)

  Core financials with dramatic profit swing, new buyback, acquisition finalization.
  Notable

  • LesserEvil purchase price allocation finalized; $281.9M goodwill and $604.5M intangibles recorded.
  • Cumulative unallocated mark-to-market gains on commodity derivatives at $482.9M as of June 28, 2026.
  • New $500M buyback authorization in June 2026, adding to $270M remaining from 2023 program.

• Management's Discussion (Item 2)

  Volume declines, margin recovery, segment losses, and new buyback all company-specific.
  Positive

  • Gross margin recovered to 45.3% from 30.5% in Q2 2026, driven by favorable price realization and lower mark-to-market losses.
  Negative

  • Q2 2026 volume fell 8%, driven by North America Confectionery and International, despite 6.6% sales growth from pricing.
  • U.S. CMG consumer takeaway decreased 8.6% and market share declined in Q2 2026, signaling competitive pressure.
  • International segment posted a $5.1M loss in Q2 2026 vs $19.8M income in Q2 2025, hit by higher costs.

What changed: Jun 2026 vs. Mar 2026

About 13% of HSY's Jun 2026 10-Q is new information. 48 paragraphs were added, 141 changed, and 22 removed. Below are the most important lines SECSift identified.

• Item 2 70
• Item 1 53
• Item 3 6
• Item 5 5
• Item 4 2
• Item 6 2