The Bid & Ask

Quotations, Dispatches, and the Daily Tape

Thursday, August 13, 2026

Subject of the day

HSY

Concerning the House

The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. It operates through three segments: North America Confectionery, North America Salty Snacks, and International. The company offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; protein bars; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, bars, snack bites, mixes, popcorn, and pretzels. It provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Sour Strips, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. The company markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. It exports its products in approximately 65 countries worldwide. The Hershey Company was founded in 1894 and is based in Hershey, Pennsylvania.

United States · www.thehersheycompany.com

The Long Run

FY 2009–2025 · 17 years

LineLatestCAGRTrend
Revenue$11.69B+5.1%
Gross profit$3.92B+15.5%
Operating income$1.44B-1.5%
Net income$883.26M+5.2%
Cash from ops$2.32B+10.5%
Quotation

$186.12

+1.89 (+1.0%)

52w hi$234.48
52w lo$158.80
Vol873.23K
As ofAug 13
The Verdict

Sell

Our score -0.56

Short-0.65
Medium-0.69
Long-0.12

computed 2026-08-12

By the Numbers

The Hershey Company

Consumer Defensive · Confectioners

Market cap$37.40B
Enterprise value$42.15B
Trailing P/E25.46x
Forward P/E18.86x
EV / EBITDA15.49x
P / S (ttm)3.07x
Profit margin12.2%
Return on equity32.8%
Revenue growth+6.6%
Earnings growth+631.0%
Debt / equity129.82
Risk Metrics
Beta vs SPX0.01
Corr SPX0.00
Annual vol28.3%
Annual ret-0.1%
Sharpe-0.00
Max DD-28.8%

Window: 504 trading days (504 obs)

Layer Breakdown
LayerRawContribution
Fundamental+0.33
Sector+0.02
Technical-0.36
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-08-12

Recent Sessions
DateOpenHighLowCloseVol
Aug 13$185.09$186.68$184.94$186.12873.23K
Aug 12$180.57$184.46$179.20$184.23965.20K
Aug 11$181.00$183.32$180.72$181.981.59M
Aug 10$181.07$182.88$180.21$182.751.38M
Aug 7$182.21$184.09$181.50$182.351.04M