
HSY · NYSE
Hershey sells branded confectionery products and also operates in salty snacks, with LesserEvil highlighted as a contributor to second-quarter sales. It makes money by selling these consumer products through retail channels to consumers; the supplied material does not quantify the contribution of each business or provide a customer-mix breakdown. Hershey generated $11.7 billion of revenue and $0.9 billion of net income in FY2025, compared with $11.2 billion of revenue and $2.2 billion of net income in FY2024. The company therefore operates at multibillion-dollar scale, although FY2025 profitability is materially below the prior year.
The stock fell $4.35, or 2.37%, from $183.39 to $179.04 over the period. It edged up to $183.91 on July 29, then dropped sharply to $177.23 on July 30 and $175.05 on July 31. The reversal coincided with Hershey’s second-quarter results and call: earnings and revenue beat estimates, pricing and margin gains supported profitability, and LesserEvil lifted sales, while management cited tougher comparisons, consumer pressure and supply-chain costs in salty snacks. The evidence does not establish why the market sold the shares despite those positives. Hershey recovered part of the decline on August 3-4, rising to $179.04, but remained below its starting level.