The Hershey Company (HSY) reported strong quarterly results, with net sales growth despite consumer price sensitivity. Adjusted EPS of $1.71 beat estimates, with sales of $3.09 billion (+7% YoY). Volume declines offset gains in North America and International segments. Operating profit decreased 24% YoY.

Hershey’s North America Confectionery segment saw $2.48 billion in sales (+5.3%), while North America Salty Snacks sales rose 28% to $357 million. International segment sales increased 0.4% to $255.6 million. Adjusted gross margin decreased to 38.3%, with an operating profit of $529.3 million (-24% YoY).

The company raised its quarterly dividend by 6% to $1.452 per share, payable on March 16, 2026. Hershey exited the quarter with cash and equivalents worth $925.859 million. Adjusted operating profit margin was 17.1%, down 700 basis points due to higher costs.

Read more at Yahoo Finance: Chocolate Maker Hershey Expects Sweeter 2026, Hikes Dividend