HSY Q1 2024 Earnings — The Hershey Company Revenue & Financial Results | Market Cap Arena

HSYThe Hershey Company

$45B

Q1 2024 Earnings

Consumer Defensive Food Confectioners

Income Statement

Revenue

$3.3B+8.9% YoY

Gross Profit

$1.7B51.5% margin

Operating Income

$1.1B32.5% margin

Net Income

$797M24.5% margin

EPS (Diluted)

$3.89

QoQ Revenue Growth

+22.4%

Cash Flow

Operating Cash Flow

$569M

Free Cash Flow

$356M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$12.4B

Total Liabilities

$8.3B

Stockholders' Equity

$4.1B

Cash & Equivalents

$520M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.3B	$3.0B	+8.9%
Gross Profit	$1.7B	$1.4B	+21.3%
Operating Income	$1.1B	$800M	+32.3%
Net Income	$797M	$587M	+35.8%

Revenue Segments

North America Confectionery Segment

$2.7B91%

North America Salty Snacks Segment

$275M9%

Geographic Segments

North America Segment

$2.9B88%

International and Other Segment

$398M12%