HSY Q1 2023 Earnings — The Hershey Company Revenue & Financial Results | Market Cap Arena

HSYThe Hershey Company

$45B

Q1 2023 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$3.0B+12.1% YoY

Gross Profit

$1.4B46.3% margin

Operating Income

$800M26.8% margin

Net Income

$587M19.7% margin

EPS (Diluted)

$2.85

QoQ Revenue Growth

+12.6%

Cash Flow

Operating Cash Flow

$755M

Free Cash Flow

$579M

Stock-Based Comp.

$19M

Balance Sheet

Total Assets

$11.1B

Total Liabilities

$7.7B

Stockholders' Equity

$3.5B

Cash & Equivalents

$460M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.0B	$2.7B	+12.1%
Gross Profit	$1.4B	$1.2B	+11.0%
Operating Income	$800M	$721M	+10.9%
Net Income	$587M	$533M	+10.1%

Revenue Segments

North America Confectionery Segment

$2.5B90%

North America Salty Snacks Segment

$270M10%

Geographic Segments

North America Segment

$2.6B88%

International and Other Segment

$370M12%