Every material Form 8-K Hershey Company (The) has filed with the SEC since May 01, 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Hershey reported third-quarter 2026 net sales of $3,275.5 million, up 3.0%, and reported net income of $580.8 million, or $2.88 per diluted share, up 111.8%. The company raised its 2026 adjusted EPS growth outlook to 36% to 38.5% from 32.5% to 35%, which includes about $0.22 from tariff refunds received in Q3 2026.
Q3 2026 adjusted EPS was $2.64, up 103.1%, versus reported EPS of $2.88 and $1.36 a year earlier
2026 adjusted EPS growth outlook raised to 36% to 38.5%; reported EPS growth outlook raised to 84% to 90%
2026 net sales growth outlook is about 5%, and organic net sales growth outlook is about 3%
North America Salty Snacks segment income fell 17.9% to $47.4 million in Q3 2026; International segment loss was $30.0 million
Hershey appointed Dave Hulays, currently Senior Vice President, Finance, as Senior Vice President and Chief Financial Officer, effective September 2, 2026, replacing Steven Voskuil, who will stay on as Senior Vice President, Strategic Projects until he retires in the first quarter of 2027. The filing describes a change in the company's principal financial officer and sets out Hulays's compensation, but it does not report any financial results.
Hulays has been with Hershey since March 2012 and served as Senior Vice President, Finance since May 2025.
Hulays's offer letter provides a base salary of $725,000 and a target long-term incentive of $2 million.
Hulays's target 2026 annual incentive is 85% of base salary until his appointment date and 100% thereafter.
Voskuil remains with the company as Senior Vice President, Strategic Projects until his retirement in the first quarter of 2027.
Hershey reported second-quarter 2026 net sales of $2,787.3 million, up 6.6%, and reported net income of $457.7 million, or $2.26 per diluted share, versus $0.31 a year earlier. The company narrowed its 2026 outlook: adjusted EPS growth is now expected at 32.5% to 35%, up from 30% to 35%, and net sales growth at 4.5% to 5%. For shareholders, sales and profit both rose, and the low end of the adjusted EPS and net sales ranges moved higher.
Q2 2026 net sales of $2,787.3 million, up 6.6%; organic constant currency net sales up 3.6%
Q2 reported EPS of $2.26 versus $0.31 in Q2 2025; adjusted EPS of $1.90, up 57.0%
2026 adjusted EPS growth outlook now 32.5% to 35% (prior 30% to 35%); reported EPS growth 82% to 89% (prior 79% to 89%)
North America Salty Snacks segment income fell 5.9% to $62.6 million; International segment posted a $5.1 million loss
Hershey's board appointed Joe Park, executive vice president and chief digital and information officer at State Farm, as a director effective June 29, 2026. The board determined he is independent under NYSE standards and he will sit on the Audit and Finance and Risk Management Committees.
Board appointment approved June 3, 2026, on the recommendation of the Governance Committee; effective June 29, 2026
Park has over 20 years of experience in digital transformation and technology strategy, including senior roles at Yum! Brands and Walmart
Park will join the Audit and Finance and Risk Management Committees and receive standard non-employee director compensation
Hershey said Mitchell Arends will become Senior Vice President and Chief Supply Chain Officer effective June 22, 2026, succeeding Jason Reiman, who is retiring after a 30-year career with the company. Reiman steps down from his current role on June 22, 2026, and will stay on as Senior Vice President, Supply Chain Modernization through the transition, which the press release says runs through April 2027. The change is a planned leadership transition in a function that oversees manufacturing, procurement, logistics and planning.
Mitchell Arends joins from UTZ Brands, where he was Executive Vice President and Chief Integrated Supply Chain Officer over a $1.5 billion business
Arends previously served as Chief Supply Chain Officer of North America at Kraft Heinz, responsible for a $22 billion supply chain
Reiman steps down from his current role on June 22, 2026 and remains with the company through April 2027 to support the transition
Hershey's 8-K filing and press release are dated May 28, 2026
Hershey reported first-quarter 2026 net sales of $3,104.2 million, up 10.6%, and reported net income of $435.1 million, or $2.13 per diluted share, up 93.6%. The company reaffirmed its 2026 net sales, organic net sales, reported EPS and adjusted EPS growth outlook, which matters to shareholders because the headline sales and profit measures improved while guidance was held steady rather than raised.
Net sales of $3,104.2 million, up 10.6%; organic, constant currency net sales up 7.9%
Adjusted EPS of $2.35, up 12.4% from the prior year period; reported EPS of $2.13 versus $1.10
2026 adjusted EPS growth outlook of 30% to 35% and net sales growth of 4% to 5% reaffirmed
North America Salty Snacks segment income fell 18.1% to $34.3 million, with segment margin down 530 basis points
Hershey said Andrew Archambault, its President, US, will leave the company effective May 1, 2026. The company has begun a search for his replacement, and the filing gives no reason for the departure or any details on a successor.
Andrew Archambault, President, US, will leave the company effective May 1, 2026.
The company has begun a search for his replacement.
The filing does not state a reason for the departure or name an interim successor.
Hershey reaffirmed its 2026 full-year guidance for net sales, organic sales and earnings per share in a March 31, 2026 press release. The company also said it will outline its strategic priorities and financial framework at a 2026 Investor Day held that day at the New York Stock Exchange, with a webcast starting at 12:00 p.m. ET. The filing reports no new quarterly results, and the reaffirmed guidance leaves the outlook unchanged.
Net sales growth guidance for 2026 is 4% to 5%, including an approximate 150 basis point benefit from the 2025 acquisition of LesserEvil, LLC.
Organic net sales growth guidance is 2.5% to 3.5%.
Reported EPS growth guidance is 79% to 89%; adjusted EPS growth guidance is 30% to 35%.
Investor Day webcast begins at 12:00 p.m. ET on March 31, 2026; management will discuss the financial outlook and strategic plans.
Hershey reported fourth-quarter 2025 net sales of $3,091.0 million, up 7.0%, but reported net income fell 59.9% to $320.0 million and adjusted EPS fell 36.4% to $1.71. For full-year 2025, net sales rose 4.4% to $11,692.6 million while adjusted EPS fell 32.7% to $6.31. The company expects 2026 net sales growth of 4% to 5% and adjusted EPS of $8.20 to $8.52, which would be an increase of 30% to 35%.
Q4 2025 net sales $3,091.0 million, up 7.0%; reported operating profit $444.9 million, down 52.6%
Q4 2025 reported net income $320.0 million, or $1.57 per diluted share, down 59.9%
Full-year 2025 reported net income $883.3 million, or $4.34 per diluted share, down 60.3%
2026 outlook: reported EPS $7.77 to $8.19; adjusted EPS $8.20 to $8.52
Hershey reported third-quarter 2025 net sales of $3,181.4 million, up 6.5%, but reported net income fell 38.2% to $276.3 million, or $1.36 per diluted share. The company raised its 2025 net sales growth outlook to about 3% and its adjusted EPS outlook to the upper half of the previous range, which matters to shareholders because sales growth is strong while profit is sharply lower.
Q3 net sales of $3,181.4 million, up 6.5%; organic, constant currency net sales up 6.2%
Reported net income of $276.3 million, or $1.36 per diluted share, down 38.2%; adjusted EPS of $1.30, down 44.4%
2025 net sales growth outlook raised to about 3%, from at least 2%; adjusted EPS growth outlook now down 36% to 37%
Q3 reported gross margin of 32.6%, down from 41.3%; the outlook does not include the proposed LesserEvil acquisition
On October 21, 2025, Hershey entered a new five-year unsecured revolving credit facility of up to $1.875 billion and terminated its prior facility of up to $1.35 billion, which was dated April 26, 2023. The filing says the new facility can be increased by up to $1.0 billion with lender consent, and it includes a covenant requiring a ratio of pre-tax income to interest expense of at least 2.0 to 1.0.
New unsecured revolving credit facility of up to $1.875 billion, dated October 21, 2025
Option to increase commitments by up to $1.0 billion with lender consent
Prior $1.35 billion facility from April 26, 2023 terminated the same day
Covenant requires pre-tax income to interest expense ratio of at least 2.0 to 1.0 each fiscal quarter
Hershey director Juan R. Perez notified the board on August 21, 2025 that he will retire from the board and its Executive, Governance and Finance and Risk Management Committees, effective October 3, 2025. The filing says the decision was not due to any disagreement with the company on its operations, policies or practices.
Juan R. Perez notified the board of his retirement decision on August 21, 2025
Retirement is effective October 3, 2025, and covers the Executive, Governance and Finance and Risk Management Committees
The filing states no disagreement with the company on operations, policies or practices
Hershey's board appointed Chris Brandt, President and Chief Brand Officer of Chipotle Mexican Grill, as a director effective August 11, 2025. The Board has determined he is independent under NYSE standards, and he will sit on the Compensation and Human Capital and Finance and Risk Management Committees. For shareholders, this adds a director with more than 25 years of food and beverage marketing experience, and the filing discloses no financial results or guidance.
Chris Brandt appointed to the Board effective August 11, 2025, on the recommendation of the Governance Committee
Brandt has over 25 years of marketing experience in food and beverage and is currently President and Chief Brand Officer of Chipotle Mexican Grill
Brandt will serve on the Compensation and Human Capital and Finance and Risk Management Committees
Board found Brandt independent under NYSE listing standards; he will receive standard non-employee director pay
Hershey reported second-quarter 2025 net sales of $2,614.7 million, up 26.0%, driven partly by the lap of prior-year inventory reductions and a later Easter. Profit fell sharply: reported net income was $62.7 million, down 65.2%, and adjusted EPS was $1.21, down 4.7%. The company also cut its 2025 reported and adjusted EPS outlook, citing estimated tariff expenses and commodity costs.
Q2 2025 net sales $2,614.7 million, up 26.0%; organic, constant currency sales up 26.3%
Reported net income $62.7 million, or $0.31 per diluted share, down 65.2%; adjusted EPS $1.21, down 4.7%
2025 reported EPS growth outlook changed from down high-40% range to down ~50%; adjusted EPS growth from down mid-30% range to down 36% to 38%
Tariff expense estimated at $170 million to $180 million for the full year 2025
Hershey's board appointed Kirk Tanner, currently CEO of The Wendy's Company, as President and CEO effective August 18, 2025, and as a director on the same date. He succeeds Michele Buck, who is retiring and will serve as a Special Advisor until June 30, 2026. The filing does not include financial results or guidance changes, so the appointment's effect on shareholders will depend on the strategy Tanner sets.
Kirk Tanner, age 57, previously served at PepsiCo for over 30 years, including as CEO of PepsiCo Beverages North America from January 2019 to February 2024
Employment Agreement sets an annual base salary of $1,250,000 and a target bonus of 180% of base salary
Hershey reported first-quarter 2025 results for the period ended March 30, 2025, with net sales of $2,805.4 million, down 13.8%, and reported net income of $224.2 million, or $1.10 per diluted share, down 71.7%. The company reiterated its full-year 2025 outlook for net sales growth of at least 2%, reported EPS down in the high-40% range, and adjusted EPS down in the mid-30% range, with guidance including tariff expense expected in the second quarter.
Net sales of $2,805.4 million, down 13.8%; organic, constant currency net sales down 13.2%
Reported EPS of $1.10 diluted, down 71.7%; adjusted EPS of $2.09, down 31.9%
2025 outlook reiterated: net sales growth of at least 2%, reported EPS down high-40% range, adjusted EPS down mid-30% range
Derivative mark-to-market losses of $211.5 million pre-tax were a key driver of the reported profit decline
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Hershey Company (The) filing is on SEC EDGAR ↗. 8-K briefs of other companies →