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Hershey Publishes Q3 2026 Earnings Q&A Transcript

By Public Technologies
  • Hershey's October 29, 2026, third-quarter earnings Q&A featured CEO Kirk Tanner, CFO Dave Hulays and investor relations vice president Anoori Naughton.
  • Management maintained its 2027 sales growth outlook of 2%-4%, with persistent consumer pressure potentially pushing results toward the lower end.
  • EPS growth could fall short of the original double-digit framework if current conditions persist, reflecting higher freight, logistics and non-cocoa input costs.
  • The innovation pipeline will expand 50%, contributing three times more to growth, with some major launches scheduled for the first quarter.
  • Meaningful margin improvement is expected, while recovery to mid-40% margins remains a 2028-onward ambition dependent partly on freight and inflation trends.


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