Hershey Q2 profit surges on pricing and lower cocoa costs; net income up 629.7%

Filed July 30, 2026 · Period ending June 28, 2026 · Compared to 10-Q Jul 30, 2025 · ~1 min read

Key Changes

• high

  Net income jumped 629.7% to $457.7M, but the gain was driven by a lower tax rate and non-operating items, not just operations.

  MD&A: Net income verify on EDGAR →
• high

  gross margin expanded 1,480 basis points to 45.3%.

  MD&A: Operating profit verify on EDGAR →
• high

  Completed the LesserEvil acquisition in November 2025, adding organic popcorn and puffed snacks and increasing manufacturing capacity.

  MD&A: LesserEvil verify on EDGAR →