Hershey FY2024 EPS-diluted rises to USD 10.92, up 20.5%

Reuters
Feb 18
Hershey FY2024 EPS-diluted rises to USD 10.92, up 20.5%

The Hershey Company reported full year (FY) 2025 net sales of USD 11.69 billion, up 4.4%. Net income attributable to shareholders rose to USD 2.22 billion, a 19.3% increase. Diluted earnings per share $(EPS)$ for the year reached USD 10.92, up 20.5%. The company cited higher gross profit, lower selling, marketing and administrative expenses, and lower income taxes as key drivers of profit growth, partially offset by higher business realignment costs and other expenses. Hershey noted ongoing inflationary pressures and elevated commodity prices, particularly for cocoa, continued to impact input costs, although strategic pricing actions and other measures were implemented to mitigate gross margin pressures. The company also benefited from a lower weighted-average share count due to share repurchases.

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