On July 28, 2022, Hershey reported Q2 sales of $2.37 billion (a growth of 19.3% year-over-year, +14.1% on an organic constant currency basis) on adjusted diluted earnings per share (EPS) of $1.80.
Summary: Hershey’s Q2 2022 revenues grew by 19.3% (+14.1% a on constant currency basis) as compared to the same period in 2021. Hershey reports its revenues across three segments: North America Confectionery, North America Salty Snacks, and International and Other.
The company reported earnings from operations of $2.37 billion during Q2 2022, resulting in GAAP operating margins of 19.2%. On the bottom line, the company reported a GAAP diluted EPS of $1.3, whereas the adjusted diluted earnings came to $1.80 per share.
Guidance: The management has provided the following guidance for the year 2022:
Switzerland
United States of America
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United States of America
United States of America
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Netherlands
Japan
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