The Hershey Company reported strong sales in Q3, as sales volumes stayed good despite significant chocolate inflation. Hershey's brands are performing well. Profitability remains a compromise; Hershey's gross margin took a significant hit from cocoa inflation due to limited pricing power. Recent cocoa deflation paves the way for an earnings recovery, but the recovery is likely to be gradual.
The Hershey Company ( HSY ) Q3 2025 Earnings Call October 30, 2025 8:30 AM EDT Company Participants Anoori Naughton - Senior Director of Investor Relations Kirk Tanner - President, CEO & Director Steven Voskuil - Senior VP & CFO Conference Call Participants Andrew Lazar - Barclays Bank PLC, Research Division Max Andrew Gumport - BNP Paribas Exane, Research Division David Palmer - Evercore ISI Institutional Equities, Research Division Leah Jordan - Goldman Sachs Group, Inc., Research Division Megan Christine Alexander - Morgan Stanley, Research Division Thomas Palmer - JPMorgan Chase & Co, Research Division Peter Galbo - BofA Securities, Research Division James Salera - Stephens Inc., Research Division Robert Moskow - TD Cowen, Research Division Alexia Howard - Sanford C. Bernstein & Co., LLC.
While the top- and bottom-line numbers for Hershey (HSY) give a sense of how the business performed in the quarter ended September 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Hershey delivered a decisive earnings beat this morning, posting third-quarter results that significantly exceeded Wall Street expectations and prompted management to raise full-year guidance.
Hershey said Halloween sales have been soft this year but last-minute buying is expected to bring the business up to 2024 levels.
Hershey (HSY) came out with quarterly earnings of $1.3 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $2.34 per share a year ago.
Besides Wall Street's top-and-bottom-line estimates for Hershey (HSY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended September 2025.
Hershey's pricing moves and efficiency programs may have lifted Q3 sales, though cocoa costs and brand spend are likely to have squeezed margins.
Hershey (HSY) closed at $181.58 in the latest trading session, marking a -1.42% move from the prior day.
Hershey (HSY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hershey (HSY) closed the most recent trading day at $184.2, moving 1.04% from the previous trading session.
In the closing of the recent trading day, Hershey (HSY) stood at $191.6, denoting a +1.15% move from the preceding trading day.