The Hershey Company Q3 2025 Earnings Recap

The Hershey Company reported a solid third quarter with balanced growth across its portfolio and cautious optimism for 2026, focusing on long-term margin recovery.

Key Takeaways

• Expected revenue growth for 2026 is projected at 2% to 4%, aligning with market trends and a gradual recovery of margins.
• Cocoa costs have moderated, and while inflation persists, Hershey remains optimistic about passing pricing through without significant elasticity concerns.
• Double-digit growth in the everyday business over the past month indicates strong consumer demand and aligns with expectations for future performance.
• Hershey is strategically investing in its brands to enhance competitiveness while carefully managing pricing strategies against competitors.
• Management emphasizes a long-term view in planning, indicating room for potential upside in EPS growth.