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Hershey Net Income Drops 60% Amid Cocoa Crisis and $491M Hedging Loss

HSY10-KFiling Date: 2/17/2026
The Hershey Company
Description

What this story covers

Hershey’s 2025 10-K reveals a challenging year where soaring cocoa costs and $491 million in derivative losses slashed net income by 60%. Despite this, strategic acquisitions in salty snacks and aggressive pricing helped maintain $11.7 billion in sales.

Story snapshot

CompanyThe Hershey Company
TickerHSY
VariantStandard detailed
Duration14:04
Filing type10-K
PeriodAnnual 2025
IndustryConsumer Goods
Accession0001628280-26-008586
Sources1

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Primary Sources

sec_filing10-KView on SEC.gov →

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