Hershey | 8-K: FY2025 Q3 Revenue Beats Estimate at USD 3.181 B

Revenue: As of FY2025 Q3, the actual value is USD 3.181 B, beating the estimate of USD 3.115 B.

EPS: As of FY2025 Q3, the actual value is USD 1.36, beating the estimate of USD 1.302.

EBIT: As of FY2025 Q3, the actual value is USD 423.38 M.

Segment Revenue

• North America Confectionery: Net sales were $2,615.6 million, marking a 5.6% increase from the previous year.
• North America Salty Snacks: Net sales reached $321.0 million, a 10.0% increase year-over-year.
• International: Net sales were $244.8 million, up 12.1% compared to the same period last year.

Operational Metrics

• Net Income: Reported net income was $276.3 million, a decrease of 38.2%.
• Gross Margin: The gross margin was reported at 32.6%, down 870 basis points, with an adjusted margin of 31.8%, down 850 basis points.
• Operating Profit: Operating profit was $434.6 million, a decrease of 29.1%, with an operating profit margin of 13.7%, down 680 basis points.
• Operating Costs: Detailed operating costs for the third quarter were provided.

Cash Flow

• Operating Cash Flow: The operating cash flow for the third quarter ended September 28, 2025, was reported.
• Free Cash Flow: Free cash flow for the period was also included.

Unique Metrics

• Revenue from New Markets or Product Lines: Specific revenue from new markets or product lines was reported.

Outlook / Guidance

• The Hershey Company raised its full-year outlook for net sales growth to approximately 3% and adjusted earnings per share growth to a decline of 36% to 37%. Tariff expenses are expected to be approximately $160 million to $170 million, with a reported effective tax rate of approximately 30%. Capital expenditures are projected to be approximately $425 million, with savings from the Agility & Automation Initiative expected to be around $150 million.