The Hershey Company (HSY) Earnings Call Transcripts
The Hershey Company's Latest Earnings Call - September 9, 2026
In the second quarter of fiscal 2026, The Hershey Company (HSY:US) reported strong organic sales and EPS, exceeding expectations, which could positively impact stock performance. Revenue guidance for the full year was narrowed to the upper half of the range, reflecting confidence in ongoing demand and innovation. The company emphasized a commitment to profit restoration and future growth, with management expressing optimism about the second half of the year and beyond.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | $2.4B (beat) |
| EPS | $1.85 (beat) |
| Full Year Revenue Guidance | $9.5B - $9.7B (neutral) |
| Operating Margin | 23.5% (positive) |
| Salty Snacks Market Share | 8% (positive) |
| Cocoa Cost Visibility | Good visibility into deflation (positive) |
Guidance from management
Management expressed confidence in achieving their 2026 and 2027 targets, with expectations for improved volume trends and continued innovation driving growth. They maintained a long-term organic sales growth target of 2% to 4%.
What management said
Dave has been a high-impact leader at Hershey for 15 years and has had very aspect of the business. I think this is a perfect example of succession planning and preparing a CFO for the future. And Dave has worked hand-in-hand with Steve over the years developing, getting those experiences. I worked with Dave on day 1 from how we operate the business, our commercial planning, our strategic planning. I'm excited to hav...
What analysts pressed on
Analysts raised concerns about the sustainability of volume growth once recent pricing benefits roll off and the potential impact of macroeconomic headwinds on consumer spending. There were questions regarding the competitive landscape and how Hershey plans to regain market share in key segments.
Main topics on the call
- Strong Q2 Performance — Hershey's organic sales and EPS were 'well above expectations', indicating strong demand and effective execution. Management noted that the top line growth was 'primarily growth-driven' and attributed to better elasticit...
- Guidance and Outlook — Management maintained a positive outlook for the remainder of 2026 and into 2027, stating, 'we feel good about where we are with our 2026 outlook.' They expect volume trends to improve as pricing moderates and highlighte...
- Innovation Pipeline — Hershey is focused on a robust innovation strategy, aiming for a high single-digit percentage of revenue contribution from new products. Kirk Tanner stated, 'we've built a lot of capability' to accelerate innovation, red...
- Competitive Landscape — Management acknowledged increased competitive intensity in the U.S. confectionery market but expressed confidence in Hershey's ability to grow market share, stating, 'the Hershey business growing faster than the category...
Read the full The Hershey Company transcript (September 9, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About The Hershey Company
The Hershey Company (HSY) is a publicly listed company in the Food Products industry, within the Consumer Staples sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 61 calls on record spanning January 30, 2020 to September 9, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 61 The Hershey Company earnings call transcripts on record, spanning January 30, 2020 to September 9, 2026. Based on this history, The Hershey Company reports quarterly. The most recent call on file is dated September 9, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- HSY
- Exchange
- NYSE
- Country
- US
- Sector
- Consumer Staples
- Industry
- Food Products
- Calls on record
- 61
- First call
- January 30, 2020
- Most recent
- September 9, 2026
- Reporting cadence
- quarterly