Hershey Q3 sales rise 6.5% to $3,181.4 million; profit falls 38.2%, outlook raised
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.
Key points
- 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
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits 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 October 30, 2025.
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.