HSYThe Hershey Company
The Hershey Company sells confectionery, chocolate, and snack products under brands like Hershey’s, Kit Kat, and Reese’s. The next catalyst is November 5, 2026 — Q3 2026 Earnings Release, which will test the company’s ability to sustain pricing power and navigate rising input costs amid a competitive global market.
- Free cash flow (TTM): $2.35B
- Net margin (TTM): 10.5%
- Revenue growth YoY: 4.4%
The Read
HSY's stock historically reacted with a median absolute move of ~7%.
The schedule
- Thu5Nov
The Q3 2026 earnings release will provide insight into the company's performance during the third quarter, with particular emphasis on its operations in North America and international markets. This event is critical for assessing the company's financial health and strategic direction. Investors should closely monitor the report for any signs of growth or challenges that may affect future performance. The outcome could significantly influence the stock's price movement in the short term.
- Tue9Feb
The Q4 2026 earnings release will offer a comprehensive overview of the company's performance during the fourth quarter, with a focus on the holiday season and inventory management. This event is crucial for evaluating the company's ability to meet seasonal demand and manage its supply chain effectively. The outcome could have a significant impact on investor sentiment and the stock's price movement. Close attention should be paid to the guidance provided during the report.
- Thu6May
The Q1 2027 earnings release will provide an update on the company's performance during the first quarter, with a focus on its recovery from seasonal demand fluctuations and efforts to optimize costs. This event is essential for assessing the company's ability to adapt to market conditions and improve its financial performance. The outcome may signal the company's progress in achieving its strategic goals. Investors should watch for any changes in guidance or performance metrics.
- Thu5Aug
The Q2 2027 earnings release will highlight the company's performance during the second quarter, with a focus on its long-term growth strategies and market expansion efforts. This event is vital for understanding the company's direction and its ability to capitalize on new opportunities. The outcome may provide insight into the effectiveness of its strategic initiatives. Investors should pay close attention to the report for any signs of progress or challenges.
Past
- Wed16Sep
The global macroeconomic outlook for the travel retail sector and Asia may have a significant impact on the demand for confectionery products. This event is important for understanding the broader economic environment that could influence the company's sales and revenue. The outcome could provide insight into future market trends and consumer behavior. Investors should consider how these macroeconomic factors might affect the company's performance.
- Tue15Sep
The implementation of new tariffs by the Trump administration could impact the cost of imported ingredients, which in turn may affect production costs and the company's pricing strategy. This event has the potential to influence the company's profitability and market position. The outcome will depend on how effectively the company can adapt to these new trade regulations. Investors should be prepared for potential volatility in the stock price.
- Thu30Jul
Actual outcome: Bull · $182.35 at outcome
Hershey (HSY) beat earnings estimates with $2.26 EPS, matching expectations, but raised full-year guidance to 4.5–5% net sales growth and 32.5–35% adjusted EPS growth, driven by pricing power, productivity gains, and strong demand. The stock rallied on improved margins (45.3% gross margin) and a dividend increase, signaling confidence in its recovery strategy despite ongoing volume declines and competition.
Hershey (HSY) beat earnings estimates with $2.26 EPS, matching expectations, but raised full-year guidance to 4.5–5% net sales growth and 32.5–35% adjusted EPS growth, driven by pricing power, productivity gains, and strong demand. The stock rallied on improved margins (45.3% gross margin) and a dividend increase, signaling confidence in its recovery strategy despite ongoing volume declines and competition.
- Thu30Apr
Actual outcome: Mixed · $185.94 at outcome
Hershey's Q1 2026 earnings matched expectations (EPS 2.19 vs. estimate 2.19), but the stock reacted positively due to improved margin outlook and dividend strength. The news highlighted collapsing cocoa prices aiding earnings expansion and a high yield, signaling margin recovery and growth potential. Guidance on cost management and dividend sustainability likely drove the price move, as investors focused on long-term margin improvement and dividend reliability.
Hershey's Q1 2026 earnings matched expectations (EPS 2.19 vs. estimate 2.19), but the stock reacted positively due to improved margin outlook and dividend strength. The news highlighted collapsing cocoa prices aiding earnings expansion and a high yield, signaling margin recovery and growth potential. Guidance on cost management and dividend sustainability likely drove the price move, as investors focused on long-term margin improvement and dividend reliability.
- Sun15Mar
Actual outcome: Bear · $191.89 at outcome
Despite early-March analyst upgrades and optimism surrounding Hershey's dividend safety, the stock ultimately fell 12.8% by mid-April, breaching the bear floor. The decline followed notable insider selling by the CFO and institutional position reductions, indicating that the anticipated retailer pricing confirmation and trade inventory data likely revealed underlying fundamental pressures that outweighed the initial positive sentiment.
Despite early-March analyst upgrades and optimism surrounding Hershey's dividend safety, the stock ultimately fell 12.8% by mid-April, breaching the bear floor. The decline followed notable insider selling by the CFO and institutional position reductions, indicating that the anticipated retailer pricing confirmation and trade inventory data likely revealed underlying fundamental pressures that outweighed the initial positive sentiment.
- Tue17Feb
Actual outcome: Bull · $226.07 at outcome
HSY met earnings expectations with EPS of $1.62 vs. $1.62 estimates. The company provided optimistic 2026 guidance, signaling strong demand stabilization and long-term growth prospects. These factors drove the 3% price rise, surpassing the bull target of $195.00 as investors prioritized forward-looking optimism over neutral earnings results.
HSY met earnings expectations with EPS of $1.62 vs. $1.62 estimates. The company provided optimistic 2026 guidance, signaling strong demand stabilization and long-term growth prospects. These factors drove the 3% price rise, surpassing the bull target of $195.00 as investors prioritized forward-looking optimism over neutral earnings results.
