Hershey reported second-quarter 2026 revenue of $2.79 billion, exceeding analyst estimates of $2.64 billion and marking a 6.6% year-on-year increase. Adjusted earnings per share came in at $1.90, a 33.1% beat over the consensus estimate of $1.43. The company's operating margin expanded to 23.1% from 7.4% a year earlier, while organic revenue rose 3.6%. CEO Kirk Tanner attributed the performance to momentum in core confectionery brands and improvements in food service channels, which helped offset supply chain disruptions in the salty snacks segment. Looking ahead, Hershey provided full-year adjusted EPS guidance of $8.44 at the midpoint, roughly in line with analyst expectations, and highlighted a robust innovation pipeline along with anticipated cocoa cost deflation in 2027 as key drivers for future growth.
Hershey CoHershey beat Q2 revenue and EPS estimates, with operating margin expansion and in-line FY guidance.