Revenue Growth Acceleration
Net revenue increased 10.6% year-over-year to $3.10B in Q1 2026 from $2.81B in Q1 2025, reflecting strong top-line momentum across Hershey's portfolio.
HERSHEY CO is expected to release its Q2 2026 10-Q filing in the upcoming earnings season. Last quarter: Hershey delivered a strong Q1 2026 with revenue up 10.6% to $3.10B and net income nearly doubling (+94.1%) to $435.1M, driven by significant gross margin expansion of 5.7 percentage points to 39.4%.
Drawn from management commentary in the Q1 2026 10-Q:
Net revenue increased 10.6% year-over-year to $3.10B in Q1 2026 from $2.81B in Q1 2025, reflecting strong top-line momentum across Hershey's portfolio.
Gross margin expanded 570 basis points to 39.4% from 33.7% in the prior year period, as cost of revenue grew only 1.1% despite a 10.6% revenue increase, suggesting improved pricing power or easing input cost pressures.
Operating income jumped 73.5% to $640.7M, with operating margin expanding 750 basis points to 20.6% from 13.2%, demonstrating significant operating leverage as SG&A grew only modestly at 3.1% to $576.0M.
Revenue
$3.1B
++10.65% YoY
Gross Margin
39.4%
++5.73% YoY
Operating Income
$640.69M
++73.53% YoY
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