HSY · 8-K · 20261029PR068046

Guidance / Outlook

HERSHEY CO · 2026-10-29 · Importance 88 · Surprise 100 · In source text

Hershey updated its 2026 net sales growth outlook to approximately 5%, from 4.5%–5%, and organic sales growth to approximately 3%, from 3%–3.5%. Reported EPS growth guidance is now 84%–90%, versus 82%–89% previously, while adjusted EPS growth guidance increased to 36%–38.5% from 32.5%–35%. The adjusted EPS outlook includes approximately $0.22 of tariff refunds received in Q3 and $0.03 received in Q2; the company also expects approximately $450 million of capital expenditures and $100 million of Agility & Automation Initiative savings.

Key facts

• Hershey updated its 2026 net sales growth outlook from 4.5%–5% to approximately 5%. source
• Hershey updated its 2026 organic net sales growth outlook from 3%–3.5% to approximately 3%. source
• Hershey updated its 2026 reported earnings per share growth outlook from 82%–89% to 84%–90%. source
• Hershey updated its 2026 adjusted earnings per share growth outlook from 32.5%–35% to 36%–38.5%. source
• Hershey projects 2026 reported diluted EPS of $8.00–$8.26 and adjusted diluted EPS of $8.58–$8.74. source
• Hershey’s reported diluted EPS was $8.00–$8.26 for projected 2026, compared with $4.34 for 2025; adjusted diluted EPS was projected at $8.58–$8.74 versus $6.31 for 2025. source
• Hershey expects 2026 capital expenditures of approximately $450 million. source
• Hershey expects 2026 other expense of approximately $5 million to $10 million, primarily reflecting periodic pension and other post-retirement benefit costs. source

Impact estimates