The Hershey Co

HSY: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Hershey Earnings: As Sales and Profits Heat Up, Investors Should Feast on Discounted Shares

Erin Lash

Jul 30, 2026

Hershey's second-quarter organic sales rose 3.6%, as inflation-driven price hikes offset lower volumes. In aggregate, higher prices, cocoa cost deflation, and efficiencies trumped stepped-up logistics costs and unfavorable mix, resulting in a 350-basis-point lift in adjusted gross margins to 41.6%.

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The Hershey Co

Hershey Earnings: As Sales and Profits Heat Up, Investors Should Feast on Discounted Shares

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