Hershey Q1 net sales fall 13.8% to $2,805.4 million; adjusted EPS down 31.9%
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.