Every 8-K that The Hershey Company (HSY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow HSY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HSY filings page.
The Hershey Company (HSY) appointed Dave Hulays as Senior Vice President and Chief Financial Officer, effective September 2, 2026, succeeding Steven E. Voskuil. Hulays becomes principal financial officer and will lead Hershey’s global finance organization after serving as Senior Vice President, Finance since May 2025 and holding multiple senior finance roles since 2012.
Voskuil stepped down as CFO the same day and will remain Senior Vice President, Strategic Projects, focusing on key initiatives and transition support until his planned retirement in the first quarter of 2027. Under his offer letter, Hulays receives an annual base salary of $725,000, a 2026 annual incentive opportunity equal to 85% of base salary before his appointment and 100% thereafter, and a long-term incentive program target of $2 million. He will participate in the Executive Benefits Protection Plan 3A, which generally provides up to two years of severance benefits in certain change-in-control or termination scenarios, and in the Defined Contribution Supplemental Executive Retirement Plan with a 12.5% annual company contribution rate on base salary and annual incentive.
The Hershey Company reported second-quarter 2026 net sales of $2,787.3 million, up 6.6%, with organic, constant currency net sales up 3.6%. Pricing added about 12 points while volume declined about 8 points. Reported net income rose to $457.7 million, or $2.26 per diluted share, an increase of 629.0%, and non-GAAP diluted EPS was $1.90, up 57.0% versus the prior year period.
Reported gross margin expanded to 45.3% from 30.5%, and non-GAAP gross margin improved to 41.6%. Operating profit increased 233.3% to $642.6 million, with non-GAAP operating profit up 37.3% to $563.5 million. For the first six months of 2026, net sales were $5,891.5 million, up 8.7%, and non-GAAP diluted EPS was $4.25, up 28.4%. The company raised and narrowed its 2026 outlook, now targeting net sales growth of 4.5%–5%, organic net sales growth of 3%–3.5%, reported EPS growth of 82%–89%, and adjusted EPS growth of 32.5%–35%, implying adjusted diluted EPS of $8.36–$8.52 versus $6.31 in 2025.
The Hershey Company appointed Joe Park to its Board of Directors, effective June 29, 2026. The decision was made by the Board on June 3, 2026 following a recommendation from its Governance Committee.
Park will serve on the Board’s Audit and Finance and Risk Management Committees. He brings over 20 years of experience in digital transformation and technology leadership at major consumer companies, including State Farm, Yum! Brands, Pizza Hut Global, and Walmart. The Board determined he qualifies as an independent director under New York Stock Exchange standards. He will be compensated under Hershey’s standard non-employee director compensation program as described in its 2026 proxy statement.
The Hershey Company announced a planned supply chain leadership transition. Jason Reiman, Senior Vice President and Chief Supply Chain Officer, intends to retire in the second quarter of 2027 after a 30-year career with the company.
Reiman will step down from his current role on June 22, 2026 and remain as Senior Vice President, Supply Chain Modernization to support the transition. Effective the same date, Hershey will appoint Mitchell Arends as Senior Vice President, Chief Supply Chain Officer.
Arends brings more than 25 years of end-to-end supply chain leadership in consumer packaged goods, including oversight of a $1.5 billion operation at UTZ Brands and a $22 billion supply chain at Kraft Heinz. He will have end-to-end accountability for Hershey's integrated supply chain and focus on digital integration, automation and insights-driven planning, while Reiman partners with him on supply chain modernization through the first quarter of 2027.
The Hershey Company reported the results of its 2026 Annual Meeting of Stockholders, held via live webcast on May 5, 2026.
Shareholders elected all nominated directors, including Timothy W. Curoe with 634,496,183 votes for and Kirk Tanner with 655,160,402 votes for. They ratified Ernst & Young LLP as independent auditors for the fiscal year ending December 31, 2026, with 673,359,047 votes for, and approved named executive officer compensation on a non-binding advisory basis with 634,080,237 votes for.
The Hershey Company reported strong first-quarter 2026 results and reaffirmed its full-year 2026 outlook. Net sales rose to $3,104.2 million, up 10.6%, with organic, constant currency growth of 7.9% driven mainly by higher pricing.
Reported net income nearly doubled to $435.1 million, and diluted EPS climbed to $2.13, while non-GAAP diluted EPS increased 12.4% to $2.35. Reported gross margin improved to 39.4%, but adjusted gross margin edged down to 40.4% as higher commodity and tariff costs offset pricing benefits.
North America Confectionery sales grew 8.3% with a segment margin of 31.8%, and North America Salty Snacks sales rose 26.0%, helped by the LesserEvil acquisition, though its margin fell to 9.8%. International sales increased 16.1% but segment margin declined to 5.8% amid higher costs and advertising. For 2026, Hershey continues to expect net sales growth of 4%–5% and adjusted EPS growth of 30%–35%.
The Hershey Company disclosed that Andrew Archambault, its President, US, will leave the company effective May 1, 2026. The company has begun a search for his replacement, signaling a planned leadership transition in its U.S. business. The report also lists routine exhibit information related to the filing cover page data.
The Hershey Company reaffirmed its 2026 full-year financial outlook while outlining a strategy to “Lead Next Generation Snacking” at its Investor Day. The company continues to project net sales growth of 4% to 5%, including organic net sales growth of 2.5% to 3.5%.
Hershey also maintains expectations for reported earnings per share growth of 79% to 89% and adjusted earnings per share growth of 30% to 35%, with net sales benefitting by about 150 basis points from its 2025 acquisition of LesserEvil, LLC.
The Hershey Company filed a current report to share that it has announced sales and earnings information for its fourth quarter and full year ended December 31, 2025. The details are contained in a press release dated February 5, 2026, furnished as Exhibit 99.1.
The company notes this sales and earnings information is being furnished under a current report and is not deemed filed for liability purposes under the Securities Exchange Act, unless later specifically incorporated by reference in another filing.
The Hershey Company reported that its Board of Directors amended and restated the company’s By-laws effective December 5, 2025. The changes are described as supporting good corporate governance and focus on Board leadership structure and succession in special situations.
The amendments remove language specifically naming Michele Buck as eligible to hold the position of Chairman of the Board, and delete references to a Lead Independent Director, aligning the By-laws with prior changes that require the Chairman to be selected from the independent directors. The revisions also clarify who presides over stockholder and Board meetings if the Chairman and any Vice Chairman are absent, designating the Governance Committee Chair in that role. In addition, during an emergency or when the Chief Executive Officer is unable or unavailable to act, a Vice Chairman, if one exists, is expressly authorized to call a Board meeting.
The Hershey Company furnished an update on sales and earnings for the third quarter ended September 28, 2025. The information was provided via a press release attached as Exhibit 99.1.
The Item 2.02 materials are furnished, not filed, which means they are not subject to Section 18 of the Exchange Act and are not incorporated by reference into other filings unless specifically stated.
The Hershey Company entered a new unsecured five-year revolving credit facility allowing borrowings up to $1.875 billion, with an option to increase commitments by up to $1.0 billion with lender consent. Funds may be used for general corporate and other purposes, and advances may be repaid at any time without penalty. The agreement includes an interest coverage covenant requiring the ratio of pre‑tax income from continuing operations to consolidated interest expense to be at least 2.0 to 1.0 each quarter. The company may extend the termination date for up to two additional one‑year periods.
Hershey terminated its prior five‑year facility from April 26, 2023, which provided up to $1.35 billion with a $500 million accordion. The new facility is administered by Bank of America, N.A., with a customary lender syndicate and standard representations, covenants, and events of default.
The Hershey Company reported that board member Juan R. Perez has decided to retire from its Board of Directors, effective October 3, 2025. His retirement also applies to the Board’s Executive, Governance, and Finance and Risk Management Committees.
The company stated that Mr. Perez’s decision to retire is not due to any disagreement with Hershey regarding its operations, policies, or practices. This indicates an orderly governance transition rather than a dispute-driven departure.
The Hershey Company announced a leadership change in its board. Following the retirement of Michele G. Buck from her role as Chairman of the Board of Directors, the Board has appointed Huong Maria T. Kraus to serve as Chairman of the Board, effective August 18, 2025.
Ms. Kraus has been a Hershey board member since May 2023 and currently serves on the Audit and Governance Committees. She also serves as Chairman of the Board of Hershey Trust Company and Milton Hershey School, roles she has held since January 2024 after previously serving as Vice Chair. In addition, she is the Chief Financial Officer of Wedgewood Pharmacy, bringing experience in governance, finance, strategy and corporate development to her new role at Hershey.
The Hershey Company (HSY) filed an 8-K disclosing a leadership transition. On 6 July 2025 the Board appointed Kirk Tanner, currently CEO of The Wendy’s Company and former long-time PepsiCo executive, as President & Chief Executive Officer effective 18 Aug 2025. He will also join the Board on that date.
Key employment terms:
- Base salary: $1.25 million.
- Target annual cash bonus: 180 % of salary (pro-rated for 2025).
- Sign-on equity: RSUs valued at $7 million (3-year ratable vesting) and PSUs valued at $4 million (3-year performance period).
- Pro-rated 2025 equity: RSUs $1.181 million and PSUs $2.194 million.
- Ongoing annual equity opportunity: $9 million target value.
- Severance: 1.5× salary, pro-rated bonus continuity, accelerated RSU vesting and 18-month benefit continuation if terminated without cause or for good reason; enhanced benefits upon a change in control.
- Non-compete, non-solicitation and claw-back provisions apply.
Succession context: Current CEO and Chair Michele Buck will retire from those positions on the Effective Date, consistent with her January 2025 notice, and will serve as Special Advisor until 30 Jun 2026, then as an independent contractor through year-end 2026. Buck’s departure is not due to any dispute with the Company.
A press release detailing the appointment was issued 8 Jul 2025 and filed as Exhibit 99.1. The executive employment agreement is filed as Exhibit 10.1.