Filings monitor · HSY

What HERSHEY CO's SEC filings said

10-Q for 2026Q3, filed 29 Oct 2026, and 1 8-K since. Each line is something a filing stated, ranked by score and linked to its source.

Ranked highest

1. Guidance / Outlook88 · importance in its document · 8-K exhibit · 29 Oct 2026
   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…
2. Gross Margin Drivers69 · importance in its document · 10-Q · 2026Q3
   Third-quarter gross margin increased to 46.1% from 32.6%, a 1,350-basis-point improvement, as cost of sales fell $379.6 million to $1,764.5 million. The decline included $367.0 million primarily from lower commodity costs, AAA Initiative…
3. Operating Income and Margins69 · importance in its document · 10-Q · 2026Q3
   Third-quarter operating profit increased 88.1% to $817.7 million and operating margin rose to 25.0% from 13.7%, primarily on higher gross profit, partly offset by increased SM&A. First-nine-month operating profit rose 110.8% to $2,101.0…
4. Operating Margin Drivers69 · importance in its document · 8-K exhibit · 29 Oct 2026
   Reported operating profit increased 88.1% to $817.7 million in Q3 2026, and reported operating margin rose 1,130 basis points to 25.0%. Adjusted operating profit increased 78.5% to $754.0 million, while adjusted operating margin increased…
5. Income Tax Rate Changes57 · importance in its document · 10-Q · 2026Q3
   The effective tax rate for the first nine months of 2026 was 24.4%, down from 33.3% in the same 2025 period. The lower 2026 rate reflected tax reserves and foreign rate differentials related to mark-to-market activity. Income tax…

Ranked by score, 0–100. A topic read from a document carries its importance within that document; an 8-K event carries the rule score that ranks a filing among filings. Neither is about the share price, and the two scales are named on each row because they are not the same measure.

Latest report: 10-Q · 2026Q3 filed 29 Oct 2026

Full report · Filing on EDGAR

• Gross Margin DriversImportance 69
  Third-quarter gross margin increased to 46.1% from 32.6%, a 1,350-basis-point improvement, as cost of sales fell $379.6 million to $1,764.5 million. The decline included $367.0 million primarily from lower commodity…
• Operating Income and MarginsImportance 69 · +2 more on this subject
  Third-quarter operating profit increased 88.1% to $817.7 million and operating margin rose to 25.0% from 13.7%, primarily on higher gross profit, partly offset by increased SM&A. First-nine-month operating profit rose…
• Income Tax Rate ChangesImportance 57
  The effective tax rate for the first nine months of 2026 was 24.4%, down from 33.3% in the same 2025 period. The lower 2026 rate reflected tax reserves and foreign rate differentials related to mark-to-market activity.…
• Acquisition / Partnership / DivestitureImportance 52
  Hershey completed its acquisition of LesserEvil, LLC on November 18, 2025; the acquired company makes organic popcorn and puffed snacks for retailers and distributors in the United States and Canada. Hershey said the…
• Liquidity and Debt PositionImportance 49
  At September 27, 2026, cash and cash equivalents were $676.7 million, down $249.2 million from year-end 2025, while short- and long-term debt totaled $5.1 billion. Current long-term debt was $197.8 million, including…
• Operating Cash Flow TrendsImportance 48
  Cash from operating activities increased $288.0 million to $1,638.8 million in the first nine months of 2026 from $1,350.8 million in 2025. Net income adjusted for non-cash charges contributed $486.2 million of higher…
• Segment Revenue PerformanceImportance 47 · +1 more on this subject
  Third-quarter North America Confectionery sales increased 1.6% to $2,656.5 million, with approximately 13% favorable pricing offset by an approximately 11% volume decline. North America Salty Snacks sales rose 22.3% to…
• Capital ExpendituresImportance 47
  Hershey reported capital expenditures, including capitalized software, of $305.0 million for the first nine months of 2026, compared with $316.5 million in the same 2025 period. The company expects full-year 2026…
• Share Repurchase ProgramImportance 44 · +1 more on this subject
  Hershey used $439.4 million for share repurchases in the first nine months of 2026, including $200.0 million under pre-approved programs and $239.4 million to replace treasury shares issued for compensation. The…
• Operating Expense TrendsImportance 42
  Third-quarter SM&A expense increased 15.4% to $692.8 million, with non-advertising SM&A up 14.5% due to capability and technology investment and advertising and consumer marketing up 17.1%. First-nine-month SM&A…
• Geographic Market CommentaryImportance 30
  International segment net sales declined 7.5% in the third quarter of 2026, as volume fell approximately 14%, primarily driven by price elasticity across markets; favorable pricing of approximately 4% and foreign…
• Trade Policy and TariffsImportance 26
  Hershey is monitoring evolving tariffs on U.S. imports, including goods from Canada, Mexico, and other countries, as well as tariffs affecting export markets. Tariff refunds contributed to lower cost of sales and…

8-K filings last 12 months

• Results, no stated guidance change29 Oct 2026 · 8-K Item 2.02 · Routine · rule score 10
  Read from the attached exhibit: Guidance / Outlook · Operating Margin Drivers · Acquisition / Partnership / Divestiture
• Management change (filing not read)2 Sept 2026 · 8-K Item 5.02 · Routine · rule score 20
• Results (release not read)30 Jul 2026 · 8-K Item 2.02 · Routine · rule score 20
• Management change (filing not read)9 Jun 2026 · 8-K Item 5.02 · Routine · rule score 20
• Management change (filing not read)28 May 2026 · 8-K Item 5.02 · Routine · rule score 20
• Results (release not read)30 Apr 2026 · 8-K Item 2.02 · Routine · rule score 20
• Management change (filing not read)14 Apr 2026 · 8-K Item 5.02 · Routine · rule score 20
• Results (release not read)31 Mar 2026 · 8-K Item 2.02 · Routine · rule score 20
• Results (release not read)5 Feb 2026 · 8-K Item 2.02 · Routine · rule score 20

Topics are read from the text of the 10-K, 10-Q or the exhibit attached to an 8-K, each linked to the passage it came from. 8-K events are labelled by fixed rules from the item codes and the filing text — the same rules for every company and every year. The Full Picture merges these with earnings calls and news.