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I am upgrading The Hershey Company to bullish, citing cocoa deflation, improved logistics, and strong execution. HSY delivered a Q2 double beat, raised full-year guidance, and now trades at 17.7x 2027 EPS with a 3.32% yield. Management demonstrated resilience through commodity headwinds, expanding margins and maintaining dividend growth even during EPS declines.
Hershey (HSY) closed the most recent trading day at $173.15, moving 1.09% from the previous trading session.
Cocoa has taken one of the wildest round trips in the commodity market over the past two years. The bean that flavors most of the candy in a trick-or-treat bag climbed to a record above $10,000 a metric ton in late 2024, collapsed to a cycle low near $2,850 by April 2026, then rallied back toward $5,700 by the middle of August.
Hershey on Wednesday named insider and industry veteran Dave Hulays as its finance chief, as the Reese's chocolates maker navigates a tough macroeconomic environment while benefiting from robust demand and higher prices.
Hulays Succeeds Steve Voskuil, Who Will Support Strategic Priorities and the Leadership Transition Through Early 2027 HERSHEY, Pa., Sept. 2, 2026 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced that Dave Hulays has been named Chief Financial Officer, effective September 2, 2026, succeeding Steve Voskuil.
Hershey's pricing drives organic sales growth, but steep volume declines and elasticity remain key tests as the company enters the second half.
The new chocolate bar launches with Salted Caramel and Affogato flavors HERSHEY, Pa., September 1, 2026 /PRNewswire/ -- Hershey's announces the launch of Hershey's Creme Bars, a new chocolate bar available in two flavor-forward varieties: Salted Caramel and Affogato.
The commodity is critically important to its operations.