Hershey Q2 Profit Jumps as Pricing and Commodity Costs Boost Margins
Hershey reported a sizable Q2 earnings beat and a sharp margin improvement as pricing, lower net commodity costs and productivity savings outweighed higher logistics expenses and capability investments. Adjusted operating profit rose 37.3% to $563.5 million. Organic constant-currency sales grew 3.6% with pricing gains offsetting weaker volume, while gross margin rose 350 bps to 41.6%. 2026 adjusted earnings growth is projected at 32.5%-35%.