Hershey's Q2 2026 EPS Soars Past Estimates, Raises Sales Outlook

Hershey’s results handily beat Wall Street expectations. Adjusted earnings per share came in at $1.90, versus an estimated $1.44, while net sales reached $2.79 billion, topping the $2.64 billion consensus.

The company raised its full-year net sales growth guidance to a range of 4.5% to 5%, up from the prior 4% to 5%. It also narrowed its GAAP EPS forecast to $7.89–$8.17 (previously $7.77–$8.19) and increased the lower end of its adjusted EPS outlook to $8.36–$8.52, compared with the earlier $8.20–$8.52 range. Capital spending plans remained unchanged at $425–$475 million.

The strong beat and improved top-line view suggest robust demand for the confectionery giant's products, despite broader consumer headwinds.