10-QSugar & Confectionery Products

HERSHEY CO

HSY · Period ending 2026-03-29 · Filed 2026-04-30

Valuation

Sugar & Confectionery Products
Live · Yahoo Finance

Price

$175.90

52-Week Range

$160.07$175.90 now$239.48

Decision Context

Altman Z-Score indicates financial distress risk. Review debt levels and cash runway before any position sizing decision.

Based on filing period ending Mar 2026

FisclearScore is a quantitative model using public financial data and sector median benchmarks (refreshed monthly). Not financial advice. Always conduct independent due diligence.

HSY vs

Macro Context

Fed Funds Rate

3.64%

Accommodative

10-Year Treasury

4.32%

2026-04-01

Unemployment

4.3%

Near full employment

CPI Index

330.3

2026-03-01

M2 Money Supply

$22.7T

2026-03-01

The Federal Funds rate stands at 3.64% — a moderately elevated rate environment that raises borrowing costs across the economy; 10-year Treasury yields are at 4.32%, setting the benchmark for long-term corporate borrowing; Unemployment stands at 4.3%; Industrial production index is at 101.8; M2 money supply is $22.7T; CPI index stands at 330.3.

SWOT Analysis — HSY

Inflationary Boom
Macro lens (Inflationary Boom): Rising costs and tighter margins amplify financial risks in this regime.

Strengths

  • Total Assets: $13.7B (+6.1% YoY) — Total assets grew 6% — the company's resource base expanded.

Weaknesses

  • Net Income: $883.3M (-60.2% YoY) — Profit fell 60% but remained positive.

  • Gross Profit: $3.9B (-26.0% YoY) — Gross profit declined 26% — costs are growing faster than revenue.

  • Operating Cash Flow: $2.3B (-10.0% YoY) — Operating cash flow fell 10% but remained positive.

Opportunities

  • Revenue: $8.1B (+2.0% YoY) — Revenue grew 2% — the company sold more goods or services than the prior year.

Threats

  • Net income dropped 60% year-over-year — a significant compression in profitability.

  • Current ratio of 1.19x — thin liquidity buffer against short-term obligations.

  • Gross margin compressed by 18.2pp — input costs or pricing pressure is eroding profitability on each dollar of revenue.

Financial Charts

Revenue vs Net Income

Gross Profit vs Operating Income

Margin Trend

Operating Cash Flow

Year-over-Year Changes

Net Income

$883.3M

was $2.2B

−60.2%

Profit fell 60% but remained positive.

Gross Profit

$3.9B

was $5.3B

−26.0%

Gross profit declined 26% — costs are growing faster than revenue.

Operating Cash Flow

$2.3B

was $2.5B

−10.0%

Operating cash flow fell 10% but remained positive.

Total Assets

$13.7B

was $12.9B

+6.1%

Total assets grew 6% — the company's resource base expanded.

Revenue

$8.1B

was $8.0B

+2.0%

Revenue grew 2% — the company sold more goods or services than the prior year.

Risk Flags

0 high · 3 medium · 0 low
  • Medium

    Net income dropped 60% year-over-year — a significant compression in profitability.

  • Medium

    Current ratio of 1.19x — thin liquidity buffer against short-term obligations.

  • Medium

    Gross margin compressed by 18.2pp — input costs or pricing pressure is eroding profitability on each dollar of revenue.

Price History

Technical Signals

Daily closes · 1-year data

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External Links

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Research HERSHEY CO

Data sourced from SEC EDGAR, FRED (Federal Reserve Economic Data), and Yahoo Finance. For informational purposes only. Not financial advice.