Hershey posted strong top-line growth in Q2 2025 with a 26% rise in revenue driven by volume recovery and favorable holiday timing, but bottom-line performance declined sharply due to higher commodity costs and derivative losses.
Revenue rose 26.0% year-over-year to $2.61 billion due to volume recovery and early seasonal shipments.
Reported EPS dropped to $0.31, while adjusted EPS was $1.21.
Net income decreased significantly to $62.7 million from $180.9 million a year ago.
Gross margin and operating margin both declined due to increased costs and derivative losses.
Hershey updated its FY25 outlook, projecting lower earnings due to tariff expenses, but affirmed revenue growth expectations.
Visualization of income flow from segment revenue to net income