Hershey beats Q3 sales estimates, raises full-year outlook

The Hershey

30/10/2025 10:56

Overview

Hershey Q3 net sales rise 6.5%, beating analyst expectations

Adjusted EPS for Q3 beats consensus despite a 44.4% yr/yr decrease

Company raises full-year outlook for net sales and adjusted EPS

Outlook

Hershey raises full-year net sales growth outlook to ~3%

Hershey expects full-year EPS to decline 48% to 50%

Company anticipates $160 mln to $170 mln in tariff expenses

Result Drivers

INNOVATION AND INVESTMENTS - Strong innovation and strategic brand investments drove sales growth across business segments, according to CEO Kirk Tanner

SALTY SNACKS VOLUME - North America Salty Snacks segment volume increased due to promotional programming and media investments

INTERNATIONAL PRICE INCREASES - Strategic price increases across key markets contributed to International segment sales growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$3.18 bln
$3.11 bln (16 Analysts)
Q3 Adjusted EPS
Beat
$1.30
$1.06 (18 Analysts)
Q3 EPS
$1.36
Q3 Net Income
$276.30 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 5 "strong buy" or "buy", 16 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "hold"

Wall Street's median 12-month price target for Hershey Co is $198.00, about 11.5% above its October 29 closing price of $175.28

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 27 three months ago

Press Release: ID:nPn1S0lz9a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)