Hershey says Q2 2026 margin recovery, pricing and productivity drive 57% jump in adjusted EPS

• In Q2 2026, net sales rose 6.6% on 12% price realization, a 2.7-point boost from the LesserEvil acquisition, and a 0.3-point FX tailwind.
• Volume fell about 8 points, reflecting higher elasticities in North America Confectionery and International, partly offset by Salty Snacks growth.
• Adjusted gross margin expanded 350 bps on pricing, productivity, and input-cost deflation; results also benefited from a USD 9 million tariff refund.
• Adjusted EPS increased 57% to USD 1.9, helped by stronger gross profit and a shift of non-working media spending into the second half.
• Full-year outlook tightened to the top half, with organic net sales growth seen at 3%-3.5% and adjusted EPS growth at 32.5%-35%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Hershey Company published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.