HSYThe Hershey Company

$45B

Q1 2022 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$2.7B+16.1% YoY

Gross Profit

$1.2B46.7% margin

Operating Income

$721M27.0% margin

Net Income

$533M20.0% margin

EPS (Diluted)

$2.57

QoQ Revenue Growth

+14.6%

Cash Flow

Operating Cash Flow

$656M

Free Cash Flow

$515M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$10.6B

Total Liabilities

$7.7B

Stockholders' Equity

$2.9B

Cash & Equivalents

$338M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.7B	$2.3B	+16.1%
Gross Profit	$1.2B	$1.0B	+18.7%
Operating Income	$721M	$553M	+30.4%
Net Income	$533M	$396M	+34.8%

Revenue Segments

North America Confectionery Segment

$2.2B91%

North America Salty Snacks Segment

$226M9%

Geographic Segments

North America Segment

$2.3B88%

International and Other Segment

$326M12%

HSY Q1 2022 Earnings — The Hershey Company Revenue & Financial Results | Market Cap Arena