HSYNYSE

HERSHEY CO

Sugar & Confectionery Products · DE · CIK 47111

HERSHEY CO makes and sells chocolate, sweets, mints, and other snacks globally

red 8-K · 90d🔥 High media attention

+ Watch View on EDGAR ↗

$36.85B

Market cap

$175.45

Last close

-3.4%

-2.1%

2.2M

Volume

Price · last 40 sessions-3.6%

May 4L $170.89 · H $197.82Jun 30

116

Total filings

Jun 9, 2026

Last filing

12/31

Fiscal year end

All 8-K · 66 10-Q · 17 SC 13G · 7 DEFA14A · 6 10-K · 6 DEF 14A · 6 424B5 · 3 8-K/A · 3

8-KExecutive ChangeJun 9, 2026 8-KExecutive Change · Reg FD DisclosureMay 28, 2026 8-KShareholder VoteMay 8, 2026 8-KResults of OperationsApr 30, 2026 8-KExecutive ChangeApr 14, 2026 8-K

Similar companies

Comparable business profile · signals at a glance

MDLZMondelez International, Inc.🔥$80.9B-3.8%SJMJ M SMUCKER Co🔥$12.4B-2.9%KHCKraft Heinz Co🔥$28.9B-2.4%MZTIMARZETTI CO$3.1B-1.2%PEPPEPSICO INC

What Changed

Risk factors · Feb 18, 2025 → Feb 17, 2026

13 added · 13 removed between the two most recent 10-Ks. The risks a company starts — or stops — disclosing are often the story.

Newly disclosed

In November 2025, we completed the acquisition of LesserEvil, LLC, previously a privately held company that produces and sells organic popcorn and puffed snack products to retailers and distributors in the United States and Table of Contents The Hershey Company | 2025 Form 10-K | Page 12 Canada.
Table of Contents The Hershey Company | 2025 Form 10-K | Page 13 Additionally, from time to time we implement business realignment activities to support key strategic initiatives designed to maintain sustainable long-term growth.
Additionally, compliance with new and evolving laws, regulations or industry standards relating to AI may require significant investment and resources, and may limit our ability to use AI, which may result in reputational harm, legal liability or other adverse effects on our operations and overall business.
We, and our third-party service providers, are regularly the target of rapidly evolving cyber threats, including denial of service attacks, ransomware, spyware, misinformation, phishing/smishing/vishing attacks, business compromise attacks, typosquatting, automated attacks, employee errors, negligence or malfeasance, the use of malicious codes or worms, payment fraud, and other unauthorized occurrences on, or conducted through, our or our third-party service providers' information systems and networks.
Furthermore, artificial intelligence (“AI”) technologies have developed rapidly, and our business may be adversely affected if we cannot successfully integrate AI into our business in a timely, cost-effective, and compliant manner.
For the year ended December 31, 2025, in addition to higher commodity costs, our cost of sales increased compared to the same period of 2024 as a result of $491.0 million of unfavorable mark-to-market activity on our commodity derivative instruments intended to economically hedge future years’ commodity purchases.
Our competitors may incorporate AI into their business more successfully than us, which could have an adverse effect on our competitive position, reputation and operations.
During the year ended 2025, market prices for the majority of our exchange traded commodities remained volatile, including cocoa which has decreased from record highs but remains structurally elevated.
AI technologies may amplify certain existing technology-related risks such as cybersecurity threats, data privacy concerns, and intellectual property challenges.
The acquisition complements Hershey’s existing portfolio and increases manufacturing capacity.
Some of the risks of operating internationally have negatively affected our financial condition and results of operations, including the imposition of tariffs on U.S. imports and associated retaliatory tariffs.
The EUDR is scheduled to be effective in December 2026, following a two-year postponement.

No longer disclosed

For example, our cost of sales during the year ended 2024 compared to the same period of 2023 experienced an incremental $563.0 million of favorable mark-to-market activity on our commodity derivative instruments intended to economically hedge future years’ commodity purchases, more than offsetting higher commodity costs.
In addition, the acquisitions of Dot’s and Pretzels in Table of Contents The Hershey Company | 2024 Form 10-K | Page 12 2021 were important steps in our journey to expand our breadth in snacking, as they should enable us to bring scale and category management capabilities to a key sub-segment of the warehouse snack aisle.
Additionally, from time to time we implement business realignment activities to support key strategic initiatives designed to maintain long-term sustainable growth, such as the International Optimization Program, which we commenced in the fourth quarter of 2020 and completed in 2023.
During the year ended 2024, market prices for the majority of our exchange traded commodities increased, including cocoa, which has increased approximately 130% since the beginning of the year.
The Company’s efforts to manage and mitigate any direct or indirect effects from this conflict may ultimately be unsuccessful, and the effectiveness of these efforts depends on factors beyond our control, including the duration of the conflict and potential governmental actions.
We are regularly the target of cyber, ransomware and other security threats.
The EUDR is scheduled to be effective in December 2025, following a one-year postponement.
Additionally, in February 2022, Russia invaded Ukraine and this conflict is still ongoing.
Political, economic and/or financial market conditions, including impacts on our business arising from the ongoing conflict between Russia and Ukraine, could negatively impact our financial results.

Insider Activity

In the 90 days to Mar 27, 2026: 5 sold $23.1M.

Date	Insider	Action	Shares	Price	Value
Mar 27, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	4,194	$213.60	$896K
Mar 27, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	2,873	$214.53	$616K
Mar 27, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	1,437	$212.76	$306K
Mar 27, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	1,151	$215.24	$248K
Mar 27, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	254	$210.63	$54K
Mar 27, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	91	$211.61	$19K
Mar 26, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	3,759	$210.47	$791K
Mar 26, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	1,810	$211.34	$383K
Mar 26, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	1,511	$212.51	$321K
Mar 26, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	1,136	$216.39	$246K
Mar 26, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	903	$213.19	$193K
Mar 26, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	860	$215.66	$185K
Mar 26, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	20	$209.98	$4K
Mar 26, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	1	$217.01	$217
Mar 25, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	5,540	$217.09	$1.2M
Mar 25, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	1,675	$215.54	$361K
Mar 25, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	1,185	$216.58	$257K
Mar 25, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	700	$214.68	$150K
Mar 25, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	600	$213.42	$128K
Mar 25, 2026	Hershey Trust Co Trustee In Trust For Milton Hershey SchoolTenPercentOwner	Sell	300	$212.64	$64K

Open-market buys & sells (Form 4, transaction codes P/S). Source: SEC structured insider data.

HERSHEY CO

Similar companies

What Changed

Insider Activity

In the News