Hershey Q2 sales up 26% to $2.6 billion, but profit falls and 2025 outlook is cut
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.
Key points
- 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
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 July 30, 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.